Aging population: Public willingness to pay for healthcare hinges on perceived benefits and risks
Healthcare is undoubtedly crucial for everyone. As individuals age, the risk for health issues and related expenses increases. Consequently, many countries have universal healthcare systems, primarily funded through tax and insurance, to ensure access to essential healthcare services. However, this system is under a heavy fiscal burden since the aging population has increased manyfold, owing to decreasing fertility rates and increasing life span. To sustain the system, governments must face the herculean task of persuading citizens to contribute more to health insurance.
In a recent study, a research team consisting of Associate ...












