A new insurance model is being developed to address the growing need for elderly care to enable people to afford physical and mental care as they age.
With this insurance, care costs will be covered without burdening individuals and families. The burden of care on family members will be reduced. Access to private care services will be facilitated, and the care sector will be developed.
With a voluntary elderly care insurance system, the elderly will be able to receive care services at home or in a nursing home. Individuals can take out insurance for themselves and their parents. A premium will be paid to the state.
The elderly care insurance is envisioned to be structured similarly to the Individual Retirement Savings System (BES). Participation in the system will involve paying premiums for a specific period, which is expected to be at least 10 years. Those who wish to do so can combine their private health insurance with the elderly care insurance to receive more comprehensive care and health services. It is envisioned that those who meet the scheme’s criteria will be able to benefit from home or nursing home care services starting from the age of 60.
In Turkiye, there are over 10m citizens aged at least 65. Due to various social and economic reasons, including demographic changes, transformations in family structure, the increasing elderly population, and advancements in healthcare, the demand for residential care for the disabled and elderly is increasing, while the existing institutional capacity is insufficient to meet this demand.
Care fees for the elderly and disabled vary depending on the province and the type of service provided. In Ankara, in 2026, excluding VAT, monthly care fees at private nursing homes and elderly care centres ranged from TRY14,260 ($311) to TRY86,280. In Istanbul, prices can reach TRY70,000. For those seeking VIP care services, these fees can rise to TRY150,000.