PACE Provider - Serious Investor Only

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Cas

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Gh

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Inc.

Binus Business School

MM Executive Batch 20

Evergreen Project

PACE Provider: Where

Caring is Our Calling

Alexander Christian

Dina Sandri Fani

Jenna Widyawati

Ridwan Martawidjaja

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Where caring is our calling

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Segment IIAgeing Population: Facts and Figures

Facts about Ageing PopulationSeniors are the fastest growing population in the world

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A

1950

205 million persons aged 60+ throughout the world

Only 3 countries had more than 10 million people aged 60 or over: China (41 million), India (20 million), and the United States (20 million)

B

2009

737 million aged 60+

12 countries with more than 10 million people aged 60+

D

4-6% of elderly people in high-

income countries (USA, Japan,

European countries)

experienced of maltreatment at

home

D

2050

The population aged 60+ to increase again nearly threefold to reach 2 billion

Facts about Ageing PopulationSome of them may have some degree of cognitive decline

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±30%

“people aged 85+ have some degree of cognitive decline. Lose of their ability to live independently…”

395 million in 2050

The world will have more people who live to see their 80s or 90s than ever before

How about Indonesia?Indonesia is also heading toward an ageing population

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202533.7 million of people aged 60+ (or 11.8% of the total population)



How about Indonesia?… lead to the changing of characteristic features of population ageing

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Increasing proportions of single

The proportion of singles among older persons increases with age.

31%

50%

65%

69%

50%

35%

60-69

70-79

80+

Single Married

Feminization of ageing

54% of Indonesians aged 60+ were women according to 2010 Census reported figures

51.7%

51.3%

51.6%

57.3%

54.5%

54.7%

2010

2025

2035

60-69 70+

Greater vulnerability of older women

Emerging Ageing-Related Issues in IndonesiaMain challenges arising as a result of population ageing

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0101

Increasing incidence of

mental disorder

0102


disability

0103

Provision of appropriate living

arrangements

0104

0105

Meeting the growing

demand for health services


disability

Increasing Incidence of Mental DisorderNumber of older persons living with Alzheimer’s will be increasing

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1 million

of Indonesians suffer from Alzheimer’s disease

Predicted to continuously grow

Patients with Alzheimer’s disease in 2050 will reach 3 million

Increasing Incidence of DisabilityLikelihood of disability increases with age

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Hearing loss

Visual impairment

Hampered mobility

Amnesia

Key Types of Disability

78%

22%

Having nodifficulties

Having somedifficulties

Single-difficulty, 10.5%

Multiple-difficulty, 10.7%

“74% of the older persons claimed that they had no difficulties in any of the four domains”

Increasing Incidence of DisabilityCommon problems suffered by older Indonesians

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Difficulties in seeing

Difficulties in hearing

Difficulties in climbing stairs

Loss of sight

Hampers older people from conducting their usual activities

Hampers from work leading to income loss

Difficulties in communication with others

Prevent from social activities

Increasing loneliness and being socially excluded

Arthritis

Continues to be traditional

Main responsibilities providing care lies with the older offspring and other younger relatives

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0103

54.8%

Lived with their single or married offspring in one or two basic living arrangement

Providing appropriate living arrangementsIntergenerational contract: the younger generation “repay” the older generation

by taking care of them during their old age

The proportion of older people living alone increases with ageing of the older population

May result in loneliness

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Segment IIIReason of Growing Ageing Population

Reduction of fertility

Total fertility has dropped almost by half

Reasons of Growing Ageing Population

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“Why ageing population is increasing?”01

People are living longer

Life expectancy at birth increased globally by 21 years

02

More people will survive to older ages

75% of every newborns in the world are expected to survive to age 60

About 3 out of every 8 to age 80

03

Major Concerns of Getting Old

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Wrinkles

Gray hair

01

02

“What are your biggest worries about

growing old?”

Mental function

01

Physical function

02

“What are your biggest worries about growing old?”

Major Concerns of Getting Old

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433%Being fear of will not be able to take care themselves

20%Afraid of loosing mental abilities

316%Afraid they will grow very ill and be in a lot of pain or distress

7%Afraid of looking old and wrinkly

Biggest Priority at Older Age

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60%Staying strong and healthy

40%Keeping the mind sharp

0103

0102

66%They would outlive their friends and family if they’d be in fairly good health

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Segment IVImplications of Population Aging

Implications of Population Ageing

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The world will have more people who live to see their 80s or 90s than ever before

01

25%-30%Aged 85+ have some degree of cognitive decline

02

35.5 millionPeople worldwide have dementia

03

604 billion USDYearly annual global cost of dementia

05

76 millionThe number of people living with dementia worldwide is set to skyrocket in 2030

04

Loss the ability to live independently

06