Means-tested long term care and family transfers

Helmuth Cremer and Pierre Pestieau

No 2014011, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Abstract: One of the pervasive problems with means-tested public long term care (LTC) programs is their inability to prevent individuals who could afford private long term services from taking advantage of public care. They often manage to elude the means-test net through “strategic impoverishment”. We show in a simple model how this problem comes about, how it affects welfare and how it can be mitigated.

Keywords: long term care; means-testing; strategic impoverishment; opting out; public insurance; altruism (search for similar items in EconPapers)
JEL-codes: H2 H5 (search for similar items in EconPapers)
Date: 2014-06-11
New Economics Papers: this item is included in nep-age, nep-cta, nep-hea, nep-ias and nep-pbe
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Means‐Tested Long‐Term Care and Family Transfers (2018)
Journal Article: Means-Tested Long-Term Care and Family Transfers (2018)
Working Paper: Means-tested long-term care and family transfers (2018)
Working Paper: Means-tested long term care and family transfers (2014)
Working Paper: Means-tested long term care and family transfers (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:2014011

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