Possible Reforms for Financing Long-Term Care
- (pp. 43-58)
AbstractThis 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.
Citation1992. "Possible Reforms for Financing Long-Term Care." Journal of Economic Perspectives, 6(3): 43-58. DOI: 10.1257/jep.6.3.43
- I11 Analysis of Health Care Markets
- I18 Health: Government Policy; Regulation; Public Health
- H51 National Government Expenditures and Health