Castellani to Talk about Global Aging Populations and Healthcare Costs

Castellani to Talk about Global Aging Populations and Healthcare Costs

05.11.12 | By

Council on Foreign RelationsOn Monday, May 14, PhRMA President and CEO John Castellani will participate on a roundtable in Washington entitled: Spending on Health as an Investment: Fiscal Sustainability and Aging Populations. Mr. Castellani will be joined by Dr. Bernard Merkel, Minister Counselor and Head of Food Safety, Health, and Consumer Affairs of the Delegation of the European Union to the U.S. The roundtable is hosted and moderated by Michael Hodin, Adjunct Senior CFR Fellow and Executive Director of the Global Coalition on Aging.

Around the globe, the number of people living to 65 years and older is on the rise. For much of human history, aging populations represented about 3 to 4 percent of the population. According to the Center for Strategic and International Studies the aging population in the West is now around 15 percent - and even far higher in Europe and Japan. With important progress being made in the global battle against communicable diseases, the number of aging populations in developing and middle-income countries is also increasing.

This growing population is not only susceptible to increased incidence of non-communicable and chronic diseases such as diabetes, cancer, dementia and heart disease. Their healthcare needs may also pose a significant challenge to national finance systems and global economies.

The roundtable will explore the issue of both meeting the healthcare needs of elderly populations and its impact on finance and the global economy.

I will be tweeting the conversations starting at around 12:30pm Monday, May 14, if you'd like to follow the conversation.

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