Why do we need a full fledge social insurance for old age disability?

Pierre Pestieau
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Pierre Pestieau: Université catholique de Louvain, LIDAM/CORE, Belgium

No 2026018, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Abstract: This paper pursues two aims. It first surveys the concerns surrounding the anticipated evolution of the three pillars of support for loss of autonomy, examining in turn the assumptions, projections, and underlying tensions that shape each of them. It then turns to the design of a comprehensive social policy framework — one capable of ensuring that the widest possible segment of the population enjoys equitable access to long-term care, in a manner that is both consonant with family solidarity and responsive to market dynamics.

Keywords: Long-term care; disability risk; informal care; social insurance (search for similar items in EconPapers)
JEL-codes: H2 H5 (search for similar items in EconPapers)
Pages: 16
Date: 2026-08-27
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:2026018

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