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People's Daily Online>>China Society

Aging nation creates nursing home boom (4)

By Tania Lee (China Daily)

08:20, December 05, 2011

The setbacks

Filial piety, a Confucian ideal that used to be held above all others, is still widely accepted and applied. It's also enshrined in the Constitution of the People's Republic of China: Article 49 states that "parents have the duty to rear and educate their minor children, and children who have come of age have the duty to support and assist their parents".

ThomsonAdsett said that in dealing with potential investors, Chinese people feel lazy or selfish if they have to put their relatives in a nursing home because they are unable to look after them. "This is a comment that has been repeated to me in our marketing surveys and personal interviews," said Lane.

There is also the issue of the affordability of nursing homes. "Because fee-for-service and out-of-pocket payments are the norm, it's conceivable that access to nursing-home care may be beyond the means of many middle- to low-income elderly people in China," said Feng.

With a poorer and aging population,there will be a pragmatic limit to the amount the government can spend on older people, hence what it can afford to spend on elderly care services. "And that's why I think rational, middle-aged Chinese citizens continue to save a large proportion of their incomes because they believe they're going to have to look after themselves," said Orr.

Addressing this problem by increasing pensions while dealing with an aging population has been at the heart of parliamentary discussions. Last year a total of 1.3 trillion yuan was collected in pension premiums and about 1 trillion was handed out.

"The government is doing far more to be proactive in policy development on issues related to aging than many of the other Asian economies. For example, Hong Kong has in my opinion become quite sluggish and reactive in its policy development in this area," said Lane.

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Leave your comment1 comments

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helen at 2011-12-05203.82.94.*
Singapore, being a sovereign city State provides many guidelines in looking after aged parents by law and control of nursing homes for the old people. Profiteers exploiting nursing homes are quite common in Hong Kong and other parts of the World. Shortchanging these homes must be punished severely and laws introduced to safeguard the health, safety, security ...of the old people. Where money is involved, criminals will rear their ugly heads ...

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