One way touse long-term care insuranceto reduce the cost of a home health aide is to purchase enough coverage to pay for the full expense. To do this, it can help to estimate when you might need a home health aide. You can then use data on the average cost of care ...
The aim of this study was to estimate willingness to pay (WTP) for long-term care insurance (LTCI) and to explore the determinants of demand for LTCI in China. We collected data from a household survey conducted in Qinghai and Zhejiang on a sample of 1842 households. We relied on contin...
To assess the likely impact on Medicaid savings, GAO (1) used data from surveys of Partnership policyholders to estimate how they would have financed their long-term care without the Partnership program, (2) constructed three scenarios illustrative of the options for financing long-term care to ...
On the other end of the spectrum, people with low income and minimal assets can't afford to pay for long-term care insurance premiums, and they can't pay much out-of-pocket for long-term care expenses, either. These people will need to rely on friends and family or government assistance...
The impact of multimorbidity on long-term care (LTC) use is understudied, despite its well-documented negative effects on functional disabilities. The current study aims to assess the association between multimorbidity and informal LTC use in China. We also explored the socioeconomic and regional dis...
long term care insuranceWe estimate the effect of income on the prevalence of private long-term care insurance coverage in the United States using exogenous variation in Social Security payments created by the Social Security Benefits notch. Data are from the 1995 wave of the Assets and Health ...
Long-term care (LTC) costs and, in particular, those arising under an LTC insurance contract, are difficult to estimate. This is because of the complex eff... DJ Pritchard - 《North American Actuarial Journal》 被引量: 42发表: 2006年 Private Long-Term Care Insurance The author's objective...
thelifetimeriskofrequiringlong-termcare. 2 The modelcanbeusedtoestimatehowmanysingle individualsshouldoptimallybuylong-termcare insurance,yieldingsomesurprisingresults.The firstsectiondescribesthelong-termcareinsurance puzzle.Thesecondsectionexplainsthemethodology. ...
摘要: The risk of needing long-term care is faced by all individuals. Particularly at risk are the elderly who often don't have the financial resources to pay for long-term care. While insurance against this risk for many people would seem prudent, in fact private long-term...
Long-term care insuranceSolvency IIsolvency capital requirementsThis paper presents a comprehensive assessment of premiums, reserves and solvency capital requirements (SCRs) for long-term care (LTC) insurance policies using Activities of Daily Living and US data. We compare stand-alone policies, whole ...