Demographic Development: a Future Challenge for Austria

Politics ♦ Published: January 5, 2011; 14:58 ♦ (Vindobona)

The expected demographic development will increase expenditure in geriatric care in Austria.

Demographic Development: a Future Challenge for Austria / Picture: © Vindobona.org

Currently, public authorities and private households share financing the need for care at a rate of about 1:1. With the means available, cash and non-cash benefits are paid: nursing care allowances, individual provisions and the support of care by family members and nursing care by social services.

Overall, the public sector spent € 4.1 bn in 2008 for care services, and private…