Public-Private Partnerships (PPP) in Health and Long-term Care in China

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The world is aging rapidly, and China’s older population is growing faster than in any other country. This demographic transition is a defining issue of our time, and it poses unprecedented challenges for China due to increasing demand for health care, long-term care and other social services.

The health system has not yet adapted to the shift in the disease burden and health care needs driven by the aging population. Although the government has introduced three public health insurance programs since 1998, the benefit packages provide limited coverage for outpatient management and care of NCDs and chronic conditions. In addition, there has been a lack of investment in training geriatric medicine professionals and incorporating geriatric principles into clinical practice.

The higher burden of total cost of health and long-term care is inevitable. How do we tackle these challenges? We will need more innovative approaches to develop multi-sector and integrated solutions to issues concerning the aging population. While the system-level efforts, such as social protection system and universal health coverage, continue to be led by the government, Public-Private Partnerships (PPP) will play a catalytic role in adding capacity to ensure the sustainability of such systems through advancement of technology, human resources and innovation. There will be an increasing need for defining the conditions and application of PPPs that are compatible with adjustments to healthcare, pension and retirement policies and  labor and capital markets. More importantly, political and public will is key to successful implementation of PPPs.

This workshop will feature PPP Initiative Ltd.’s recent efforts to develop PPP solutions for the aging population, followed by a discussion with experts from Beijing and participants on how to move from awareness to action in China. 

Agenda

5:00 - 5:30 Keynote speech by Alan M. Trager

5:30 - 5:40 Discussion with two experts from Beijing

5:40 - 6:00 Question & Answers moderated by Alan M. Trager

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Mr. Trager serves as Chief Specialist, International, at the Tsinghua University Center for PPP Research (TUPPP) in Beijing. Trager is the only foreign Chief Specialist at Tsinghua University.  He was a Senior Research Professor and Director, PPP Initiative, John Hopkins SAIS before forming the PPP Initiative.