Abstract
The aging society calls for interest in building more retirement venues to accommodate the increasing demands. All developers should consider promoting better quality services and a healthy retirement environment. In modeling a Healthy Retirement Environment (HRE), this paper examined the factors influencing consumer decisions and relationships toward HRE. Financial planning, health insurance, lifelong learning program, and technological advancement are external to the individual but have substantial implications on healthy aging, an area as a composite that is less discussed in the literature. This study used a theoretical model based on existing literature which was tested through a set of questionnaires adapted from several types of research. The PLS-SEM software was employed to investigate the relationship between these factors and how they influenced customers' decisions. The developed model was used to explain the Healthy Retirement Environment Factors. This study concluded that to achieve the optimal care provision for successful healthy aging, these multiple services components, namely perception towards financial planning, receptiveness towards health insurance, and lifelong learning programs, were favorable components of a healthy retirement environment.
Links
- https://apcph.cphm.my/wp-content/uploads/2022/07/APCPH2022-P-72.pdf
- https://apcph.cphm.my/wp-content/uploads/wpforms/1176-1e04940bb5d885bf8711ed1909[...]
BibTeX (Download)
@proceedings{APCPH2022-P-72,
title = {Modelling Healthy Retirement Environment: Factors Influencing Consumers' Decision case study between two urban cities in Malaysia},
author = {Chung Shin Fung and Safurah Jaafar and Roslan Mohd Ismail and Azrin Syahida Abd Rahim},
url = {https://apcph.cphm.my/wp-content/uploads/2022/07/APCPH2022-P-72.pdf
https://apcph.cphm.my/wp-content/uploads/wpforms/1176-1e04940bb5d885bf8711ed19095a89ed/Chel-APCPH-Poster-A3-20220722-de017d46449341c93456e37a5e6fa0d7.pdf},
year = {2022},
date = {2022-08-02},
urldate = {2022-08-02},
issue = {7},
abstract = {The aging society calls for interest in building more retirement venues to accommodate the increasing demands. All developers should consider promoting better quality services and a healthy retirement environment. In modeling a Healthy Retirement Environment (HRE), this paper examined the factors influencing consumer decisions and relationships toward HRE. Financial planning, health insurance, lifelong learning program, and technological advancement are external to the individual but have substantial implications on healthy aging, an area as a composite that is less discussed in the literature. This study used a theoretical model based on existing literature which was tested through a set of questionnaires adapted from several types of research. The PLS-SEM software was employed to investigate the relationship between these factors and how they influenced customers' decisions. The developed model was used to explain the Healthy Retirement Environment Factors. This study concluded that to achieve the optimal care provision for successful healthy aging, these multiple services components, namely perception towards financial planning, receptiveness towards health insurance, and lifelong learning programs, were favorable components of a healthy retirement environment.},
howpublished = {published online at https://apcph.cphm.my},
note = {Type: POSTER PRESENTATION; Organisation: School of Medicine, Business Healthcare Management, International Medical University},
keywords = {financial planning, health insurance, Healthy retirement environment, lifelong learning program, technology advancement},
pubstate = {published},
tppubtype = {proceedings}
}