Building a "Care and Dementia Ecosystem" to Tackle 9 Trillion Yen in Economic Losses

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Asahi Mutual Life Insurance to Build a Care and Dementia Ecosystem

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Asahi Mutual Life Insurance to Build a Care and Dementia Ecosystem

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Source: https://prtimes.jp/main/html/rd/p/000000010.000107196.html | Date: Date unavailable

Asahi Mutual Life Insurance Company (President: Kenichiro Ishijima, hereinafter referred to as "the Company") will launch a new project in April 2026, "Minna no Anshin 100-nen Project ~ Asahi's Care and Dementia Ecosystem ~," aimed at solving serious social issues in the fields of caregiving and dementia. This project will build an ecosystem that provides customers with services useful in all aspects of caregiving and dementia, in cooperation with external companies, going beyond mere financial security through the spread of long-term care insurance. 1. Background and Objectives of the Project As of 2023, the number of people certified as needing support or care in Japan is approximately 7 million, and this is expected to reach about 9.5 million by 2030*1*2. Furthermore, including mild cognitive impairment (MCI), it is estimated that by 2030, about one in three people aged 65 and over will be affected*3. The amount of assets frozen due to dementia associated with this is said to reach about 318 trillion yen*4. Additionally, business caregivers who balance work and family caregiving face difficulties, and economic losses exceeding 9 trillion yen are projected by 2030*5. While the Company has fulfilled its social responsibility through the development and promotion of long-term care insurance, the household penetration rate of private long-term care insurance remains at 20%*6. Faced with the reality that "caregiving concerns cannot be solved by benefits alone," this project has been launched to provide comprehensive caregiving solutions that go beyond financial security. *1 Estimated by Asahi Mutual Life Insurance based on the Ministry of Health, Labour and Welfare's "Fiscal 2022 Long-Term Care Insurance Business Status Report (Annual Report)" *2 Estimated by Asahi Mutual Life Insurance based on the Ministry of Health, Labour and Welfare's "Fiscal 2022 Long-Term Care Insurance Business Status Report (Annual Report)" and the Cabinet Office's "2024 White Paper on Aging

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