What to do about the health spending squeeze

In the news:

Modelling on the impact of Victoria's Covid vaccinations during the Delta wave shows the effects of herd immunity, with non vaccinated individuals being protected as well.

Studies and reports out this week have shed light on the impact on different parts of the health system as one of the larger sections of the population (boomers) reaches an age where their health is in decline. Is this a permanent crisis or a temporary blip, and how should it be managed?

References

Journal of the Royal Society Interface: Quantifying the direct and indirect impact of COVID-19 vaccination: evidence from Victoria, Australia

AIHW: Health Expenditure Australia 2024-2025

Australian College of Emergency Medicine: State of Emergency

JAMA Neurology: Global Incidence of All-Cause Dementia, A Meta-Analysis