2020 IEKTopics|Senior Residents Can Benefit from Social Long-term Care Deposit Books

Category:
IEKTopics
Domain:
The Applications and Market Opportunity of Emerging Medical and Medical Materials, Medical Device, Smart Medical, Healthcare, Biotech / Medicines, Health Supplements & Cosmetics
Author:
Date:
2021/07/28
Pages:

Report Outlook

In the future, Taiwan’s senior care demands can be supported by a non-profit individual “social long-term care time deposit book” model, which is an example of social mutual aid and time bank concept.

The social long-term care time deposit book model operates through a long-term care time savings bank which launches operations that incorporate “time savings” and social mutual aid. With participants from different age groups, locations, and environments, the model can serve as a new cross-generation innovation model for the long-term care system and help cut down expenses in Taiwan's social capital and government financial capital...

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