The role of private insurance in financing long-term care

Gleckman, Howard. “The role of private insurance in financing long-term care”. Issue in Brief 7-13, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, September 2007. http://hdl.handle.net/2345/bc-ir:104340.
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Abstract

Private insurance currently plays a small, but potentially important role in financing the long-term care of the elderly in the United States.  Some believe it can be a significant element in a restructured long-term care financing system.  However, to date, the demand for such insurance has been modest.  This brief will discuss the potential benefits of long-term care insurance, review its current structure and status, and explore possible explanations for low takeup rates.   Finally, it will consider future issues surrounding the role of this product.

Title
The role of private insurance in financing long-term care
Author
Gleckman, Howard
Center
Center for Retirement Research
Genre
report
Date Issued
September 2007
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
7-13
Version Identification
Version of record.
Persistent Link
http://hdl.handle.net/2345/bc-ir:104340
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Health/Long-term care

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