• Journal of the Korean Home Economics Association
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• v.40 no.4
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• pp.139-152
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• 2002

This study was performed to estimate living cost for the elderly couple living in a city in Korea. Living cost means expenditure per month for elderly couple. It was assumed that the elderly couple will need different living cost according to their circumstances. The circumstances are health status, retirement status, and the level of living they want. The subjects were the elderly couple households over the age 65 of household head. Total number of subject was 1,649 households. Used data was Annual Report surveyed by National Statistical Office on the Family Income and Expenditure. Analysis of data was done through frequency, percentage, means, median using SAS Program. The results of this study were as follows: Their standard living cost was 844,980 won by pure relative standard line and 842,300 won by quasi relative standard lines. And minimum living cost was 713,400 won by the former, by the latter was 557,600 won (3/2 of median). And abundant Living cost was 1,068,020 won by the former, by the latter 1,263,450 won. The living cost of elderly households was about 81-83%, comparing with non-elderly households. Among the item of expenditure, the proportion of housing and medical care cost was larger than any other items.

• Journal of Families and Better Life
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• v.28 no.6
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• pp.195-205
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• 2010

households using the 2007 Korean Retirement and Income Study. Elderly households were classified into three groups based on the comparisons among the costs of living and then the factors influencing the probability of belonging to each group were investigated using multiple logistic regression models. The major findings are as follows. Firstly, the subjective adequate cost of living was the highest and the subjective minimum cost of living was the lowest. The actual cost of living was in between. Secondly, 42.6% of elderly households belonged to Group1(whose actual cost of living was less than the subjective minimum cost of living), 30.0% was classified into Group2(whose actual cost of living was greater than the subjective minimum cost of living but less than the subjective adequate cost of living) and the actual cost of living of the remaining 27.4% was greater than the subjective adequate cost of living(Group3). Thirdly, income was the strongest factor influencing the probability of belonging to each group, but the influencing factors were different for the logistic models for Group1 and Group3 based on Group2.

• Human Ecology Research
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• v.52 no.6
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• pp.617-627
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• 2014

The purpose of this study was to investigate the effects of the instrumental activities of daily living (IADL) and depression on the life satisfaction of the rural elderly. The research subjects of this study were 1,000 people aged 65 years and over living in the rural areas of Korea. The data were collected using a questionnaire with direct interviews and analyzed using SPSS ver. 18.0 for Windows. The results of this study were as follows: First, the rural elderly's depression was affected by the IADL, cost of living, education level, and farming variables. The higher the IADL, the more sufficient the cost of living, the higher the education level and the more the farming time that the rural elderly had, the lower was the level of depression that they had. Second, the life satisfaction of the rural elderly was affected by the cost of living, depression, IADL, need for life services, and gender. The more sufficient the cost of living, the lower the level of depression, the higher the IADL, the less the need for life services, the higher was the life satisfaction that they experienced. Third, the results of the path analysis revealed that life satisfaction was influenced both directly and indirectly. The factors that affected life satisfaction directly were the cost of living, IADL, need for life services, and gender. The factors that affect life satisfaction indirectly were the IADL, cost of living, education level, and farming. Among them, farming and education level influenced life satisfaction indirectly through the parameter variables of depression.

• Journal of Korean Academy of Nursing Administration
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• v.4 no.2
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• pp.351-361
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• 1998

The purpose of this study was to explore whether there is a point within the range of physical impairment after which the cost of home care exceeds the cost of nursing home care among the elderly who require long-term care. The provision of long-term care for the elderly is a major health policy issue, in part due to the aging of the American population and dramatic increase in health care costs. The framework for this study was guided by Pollak's(1973)model of costs of alternative care settings for the elderly. This study used a retrospective, descriptive correlational design. Physical impairment was measured by the modified Index of Activities of Daily Living(Katz et al. 1963). Cost of care was measured by the average cost per patient per day. The sample for this study included 67 patients receiving long-term care at home from the Long-term Home Health Care Programs (LTHHCPs) and 67 patients receiving long-term care in nursing homes. Data were collected on patient characteristics. including activities of daily living and cognitive impairment. and on the number of physician visits. emergency room visits. and hospitalization from the patient records. For each patient. Medicaid cost data for home care services/or nursing home services were collected from the financial department of each home care agency or nursing home. The living costs and informal care costs were estimated for home care patients. The results indicated that the home care sample and the nursing home sample were similar in terms of gender. ethnic background. and marital status. The elderly patients in the home care sample were: however. younger and less physically impaired than those in the nursing home sample. The hypotheses of this study were supported: For elderly persons with physical impairment scores below 12(possible range of 0 to 14), cost of care was lower in home care than in the nursing home care setting. However, for elderly persons with physical impairment scores above 12. the cost of care was higher in home care than in the nursing home care setting. Thus. in this sample for elderly patients with extreme physical impairment, the cost of home care exceeded the cost of nursing home care.

• Journal of the Korea Convergence Society
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• v.8 no.4
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• pp.239-245
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• 2017

The purpose of the study is to examine the effects of economic factors on depression among the Korean Elderly. In detail, this study is convergence study conducted to understand the moderating effect of economic support from children in the relationship of total cost of living and Depression. For this purpose, this study used the 3,392 Korean elderly from 2015 Korean Welfare Panel Data. As a results, total cost of living of the elderly had a significant effect on depression. Also, the relationship between total cost of living and depression among the elderly was buffered by economic support from children. In other words, the higher economic support from children, the less negative effect of total cost of living on depression. Based on the results, this study discussed that economic factors should be considered as a major factor to reduce depression of the elderly.

• Journal of Industrial Technology
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• v.30 no.B
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• pp.55-59
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• 2010

The number of elderly people living alone increases with the trend of nuclear family in recent aging society and advances of health and medical technologies, where the safety of the elderly people becomes a big social issue. One of the safety system for them these days is that security guards regularly visit homes of the elderly living alone to check their safety. However, it is an inefficient system since it costs a great deal. So, a new efficient system with low cost using modern advanced technologies needs to be developed. In this paper, we implement a monitoring system for elderly living alone using ubiquitous sensor and zigbeX. The system can remotely determine the health status of elderly people and report to their hospitals. Since the system can be implemented with low cost and do the same job as security guards do, we expect that it should replace the existing expensive monitoring system.

• Journal of the Korean Home Economics Association
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• v.36 no.10
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• pp.1-22
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• 1998

The purpose of this study was to analyze the state of the living arrangement plan, the housing plan, and economic plan for elderly's life and contributing factors to their life plan. The sample in this study consisted of 713 middle-aged and aged couple living in Korea. Statistics employed for the analysis were frequencies, means, x2 test, logit analysis and multiple regression. The results could be summarized as follows. The middle-aged and aged couple were planning to live independently in their elderly life. The husband's age, religion, living area, total income, total asset, home owenership had significant effects on the living arrangement of the middle-aged and aged. They had a plan to live in single detached house in their elderly life. And husband's age, educational attaintment, job, and living region were affecting the housing type in their elder life. The middle-aged and aged people had a economic plan that they estimated 970,000 won as living cost in their elderly life. And the factors affecting living costs were husband's educational attaintment, job, and total asset.

• Journal of KIBIM
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• v.11 no.3
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• pp.75-90
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• 2021

A smart home system improves the elderly's quality of life by monitoring and analyzing their movements and health conditions with better health-care and social support services. Therefore, there has been an effort to adopt a smart home system for the independently living elderly. However, to the best of our knowledge, no study has investigated the usability of a smart home system on actual independently living elderly housing in long-term settings. Thus, this study aims to demonstrate the usability of a smart home system on independently living elders in living lab conditions. The BLE smart band and the BLE receiver were chosen for the smart home system to monitor the movement of the participants in their homes as well as to monitor the heart rates, step counts, sleep index. Nine independent living elderly from the senior welfare center in Kimjae participated in this living lab demonstration experiment for ten months. This demonstration experiment confirmed the effectiveness of low-cost and easily adoptable IoT-based BLE sensor sets on independent living elders and discussed the troubles and limitations of the experiment. By grasping the pros and cons of IoT-based BLE sensor sets, this study seeks to improve the accessibility and usability of smart home systems for the elderly population in independent living arrangements.

• Journal of Family Resource Management and Policy Review
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• v.16 no.4
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• pp.45-68
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• 2012

This study performed an analysis to determine if an individual can maintain the current consumption, in the case of a single retired elderly person's household using the accumulated assets. Assets are divided into three types, based on the behavioral economics life cycle hypothesis : financial assets, real assets excepting residential assets, and residential assets, and it is assumed that these assets were used on a step-by-step basis. Also, if the assets were sufficient, the maximum withdrawal amount was calculated. The results of the analysis are as follows. First, the monetary assets were sufficient to cover the cost of living for 2.7 years, 6.4 years by using the real assets of the non-occupied housing, and 26.3 years in the case of residential property. Second, in the case of preferentially using the financial assets, 4.4% of the sample households were able to cover the cost of living. Households that were not able to cover the cost of living used the next-stage assets, real assets of the non-occupied housing. Households that were not able to cover the cost of living by financial assets liquidated the real assets with the exception of residential assets and used these to cover the cost of living. A total of 4.8% of the households were able to maintain the current cost of living through the second stage and 25.5% supplemented their funds by using residential assets. That is to say, 35% of the sample households were able to maintain the current level of living by using their assets.

• The Journal of the Korea Contents Association
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• v.17 no.7
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• pp.610-621
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• 2017

Medical cost for elderly is increasing with ageing society and putting more and more burden on both individuals and government. To find a solution to reduce medical cost among elderly and to propose implication/suggestion to central government and a local government, different degree of medical cost burden by type of household and factors that affect increased medical cost are investigated based on elderly in Suwon city in this article. According to the research result, 59.3% of respondents felt medical cost burdensome. Also, according to the multiple regression performed to understand factors that increases medical cost by type of household, subjectively felt health status was found to be a statistically significant factor commonly in three groups which are living household with adult child, living household with spouse only, living household alone. And the degree of medical cost was higher in living household with spouse only, more higher in living household alone. And socioeconomic status and health status, health status, and health status and private insurance, medical security system were found to be significantly related to medical cost burden to household type of the elderly.