The impact of long-term care insurance on household expenditures of the elderly: Evidence from China

Tianshu Zhang, Zeping Hu, Kaiyue Zhang and Xinran Li

PLOS ONE, 2025, vol. 20, issue 4, 1-20

Abstract: This study aims to investigate the impact of China’s long-term care insurance (LTCI) pilot on household expenditures of the elderly. Utilizing the China Health and Retirement Longitudinal Study (CHARLS) 2015–2020 three-period longitudinal panel data, we examine the policy effects of LTCI using the Differences-in-Differences (DID) approach. The results indicate that the implementation of LTCI significantly reduces medical (p

Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:plo:pone00:0316758

DOI: 10.1371/journal.pone.0316758

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