Costa-Font, Joan 
ORCID: 0000-0001-7174-7919, Courbage, Christophe and Zweifel, Peter
(2017)
Policy dilemmas in financing long-term care in Europe.
Global Policy, 8 (S2).
pp. 38-45.
ISSN 1758-5880
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Abstract
Long-term care (LTC) is the largest insurable risk facing the elderly in most western societies. Paradoxically, institutional responses to the need to insure ex-ante (before the contingency occurs) the financial risks of needing LTC (by means of social and private insurance and self-insurance) exhibit limited development. In contrast, mechanisms to finance LTC ex-post continue to develop, primarily those supported by the public sector (by means of subsidies or tax deductions) and the family (by means of intergenerational transfers). Both ex-ante and ex-post types of financing mechanisms are found to be subject to shortcomings which give rise to dilemmas for public policy. Governments confront these dilemmas in different ways, causing a great deal of heterogeneity in the financing and provision of LTC services across Europe.
| Item Type: | Article |
|---|---|
| Official URL: | http://onlinelibrary.wiley.com/journal/10.1111/(IS... |
| Additional Information: | © 2016 University of Durham and John Wiley & Sons, Ltd |
| Divisions: | European Institute Social Policy Centre for Economic Performance |
| Subjects: | H Social Sciences > HJ Public Finance H Social Sciences > HN Social history and conditions. Social problems. Social reform |
| Date Deposited: | 20 Feb 2015 16:48 |
| Last Modified: | 12 Dec 2024 01:20 |
| URI: | http://eprints.lse.ac.uk/id/eprint/61032 |
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