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Last week in Graying Pains, the Missoulian's David Erickson examined the introduction and implementation of Kaigo Hoken, or care insurance, in Japan, the world's demographically oldest country. This week's conclusion of that story explores how a similar policy might translate to Montana, the oldest state in the American West. A full 13% of Montanans are in their 60s, and the "baby boomer" generation is nearing or entering retirement age. Care for the elderly will become an increasingly pressing...
This is part 1 of a two-part story about financing elder care in aging populations. Part 2 - what new strategies could Montana explore? - will be published next week. Montana, the oldest state in the western United States, faces many of the same problems as Japan, the world's oldest country. Might there be solutions for Montana from what looks to be a successful experiment enacted two decades ago to help pay for elder care in Japan? On April 1, 2000, a new law in Japan began the world's largest...
