The impact of the partnership long-term care insurance program on private coverage

Haizhen Lin () and Jeffrey Prince

Journal of Health Economics, 2013, vol. 32, issue 6, 1205-1213

Abstract: We examine the impact of U.S. states’ adoption of the partnership long-term care (LTC) insurance program on households’ purchases of private coverage. Targeting middle-class households, this program increases the benefits of privately insuring via a higher asset threshold for Medicaid eligibility for LTC coverage. We find that the program generates few new purchases of LTC insurance, and that those it generates are almost entirely by wealthy individuals.

Keywords: Insurance; Long-term care; Partnership; Program; Medicaid (search for similar items in EconPapers)
JEL-codes: H1 H3 I1 L5 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (15)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jhecon:v:32:y:2013:i:6:p:1205-1213

DOI: 10.1016/j.jhealeco.2013.09.010

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