Possible Reforms for Financing Long-Term Care

William J. Scanlon

Journal of Economic Perspectives, 1992, vol. 6, issue 3, 43-58

Abstract: This paper considers the market for long-term care services to treat and compensate for chronic health conditions and disabilities. This paper describes how the long-term care market has evolved and the resulting implications for expenditure control. It reviews recent developments in marketing private insurance for long-term care and questions the potential and desirability of such insurance. Finally, it discusses the argument for greater public financing within a universal social insurance program and alternative approaches to structuring such a program.

JEL-codes: H51 I11 I18 (search for similar items in EconPapers)
Date: 1992
Note: DOI: 10.1257/jep.6.3.43
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Citations: View citations in EconPapers (11)

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