Healthcare expenditure estimated at 1.4 trillion baht in next 15 years: TDRI

A study by Thailand Development Research Institute shows an estimated expenditure on healthcare of the Thai people will reach 1.4 trillion baht in the next 15 years.

TDRI academic Nuttanan Wichitaksorn revealed the finding that the spendings of the people on healthcare have shown a rapid uptrend, particularly as the country is becoming an aging society, with the projected 48 – 63 billion baht over the next 15 years.

That total expenditure on healthcare might rise up to as high as 1.4 trillion baht, given the longer age of the population, chronic non-communicable diseases, and the increased incomes.

The study suggests the government find a measure to control the costs and establish a clear policy on healthcare, along with a plan to control chronic non-communicable diseases related to human behaviors.

TDRI academic Ammar Siamwalla called for compensation pays for healthcare professionals and for the government to preserve healthcare industry and take steps to control the healthcare costs.