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Long-term care: a suitable case for social insurance

Barr, Nicholas (2010) Long-term care: a suitable case for social insurance. Social Policy and Administration, 44 (4). pp. 359-374. ISSN 0144-5596

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Abstract

There are potentially large welfare gains if people can buy insurance that covers the costs of long-term care. However, technical problems - largely information problems - face both the providers of insurance and potential buyers. These problems on both the supply and demand sides of the market suggest that the actuarial mechanism is not well suited to addressing risks associated with long-term care. This line of argument underpins the article's main conclusion - that social insurance is a better fit

Item Type: Article
Official URL: http://www.wiley.com/bw/journal.asp?ref=0144-5596&...
Additional Information: © 2010 John Wiley & Sons, Inc.
Library of Congress subject classification: R Medicine > R Medicine (General)
R Medicine > RT Nursing
H Social Sciences > H Social Sciences (General)
Sets: Departments > European Institute
Collections > Economists Online
Departments > Economics
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Identification Number: UT ISI:000279750200002
Date Deposited: 27 Aug 2010 10:03
URL: http://eprints.lse.ac.uk/28942/

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