Can the government incentivize the purchase of private long-term care insurance? Evidence from the Partnership for Long-Term Care

被引:3
|
作者
Greenhalgh-Stanley, Nadia [1 ]
机构
[1] Kent State Univ, Dept Econ, Kent, OH 44242 USA
关键词
H31; H50; risk aversion; Partnership for Long-Term Care; long-term care insurance; financial planning horizon;
D O I
10.1080/13504851.2013.872756
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using data from the Health and Retirement Study, I show that state adoption of Partnerships for Long-Term Care incentivized the purchase of private long-term care insurance, particularly for households displaying the greatest risk aversion and long-term financial planning horizons.
引用
收藏
页码:541 / 544
页数:4
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