Tsai outlines long-term care funding policy

Taiwan Today
Date: February 25, 2016

Taiwan’s seniors are receiving a helping hand in the form of an affordable


long-term care system provided by the ROC government. (CNA)

A proposal to partially fund Taiwan’s long-term care system through an annual allocation of NT$30 billion (US$901.4 million) from tax revenues was announced Feb. 22 by ROC President-elect Tsai Ing-wen.

Under the plan, which includes a yearly commitment of NT$3 billion from the regular government budget, an interministerial task force will be established to coordinate public-sector resources and promote long-term care services.

“More than 20 percent of Taiwan’s population will be aged 65 or over by 2025,” Tsai said, adding that the situation serves as a salient reminder of the need for enhanced measures to provide comprehensive coverage for the nation’s aging population.     [FULL  STORY]

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