Family Ties and Health Care Decision-Making in Late Life: Examining Financial Dependency in Health for India
2024
Family Ties and Health Care Decision-Making in Late Life
Sample size: 31464
publication
Author Information
Author(s): Pandey Atul, Sharma Isha
Primary Institution: Indian Institute of Technology Jodhpur
Hypothesis
This study examines the role of family ties and healthcare decision making through the lens of financial dependency.
Conclusion
The study highlights the importance of family financial stability in ensuring healthcare for the aging population in India.
Supporting Evidence
- One out of every five individuals aged 60 and above is enrolled in an organized sector’s pension plan.
- 20.65% of the population is covered by central and state pension programs.
- Only 2.1% of India’s retired population is covered by private pension or employer-funded pension schemes.
- 7% of individuals believe their family’s financial situation is adequate.
- 53% of the participants come from middle-class families.
Takeaway
As people get older, family support is really important for their healthcare, especially when money is tight.
Methodology
The study uses secondary data from the Longitudinal Ageing Study in India (LASI).
Participant Demographics
Participants are aged 60 years and above, with 16366 males and 15098 females.
Digital Object Identifier (DOI)
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