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We can prevent the ‘crowding out’ of long term care insurance by family financing if government offers a level of provision that can then be topped up

Costa-i-Font, Joan (2011) We can prevent the ‘crowding out’ of long term care insurance by family financing if government offers a level of provision that can then be topped up. British Politics and Policy at LSE (02 Jun 2011) Blog.

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Abstract

Families face several solutions to provide for the costs of long term care for elderly family members, should the need arise: public or private insurance, savings or family financing. Joan Costa Font argues that the prevalence of this family financing in the UK and the EU is likely to ‘crowd out’ other types of insurance, and that the government can increase take-up of insurance by offering a ‘benchmark’ level of public financing that families can then supplement.

Item Type: Website (Blog)
Official URL: http://blogs.lse.ac.uk/politicsandpolicy/
Additional Information: © 2011 The Author
Library of Congress subject classification: H Social Sciences > H Social Sciences (General)
H Social Sciences > HJ Public Finance
R Medicine > RA Public aspects of medicine
Sets: Departments > European Institute
Departments > Social Policy
Collections > British Politics and Policy at LSE
Research centres and groups > LSE Health
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 21 Jul 2011 10:40
URL: http://eprints.lse.ac.uk/37532/

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