In both its costs and the number of its enrollees, Medicaid is the largest means-tested
transfer program in the United States. It is also a fundamental part of the health care system …

This study investigates the impact of long-term care insurance (LTCI) on the non-health
consumption of elderly households. By exploiting a quasi-experiment on the public LTCI …

This paper examines whether informal care by family members influences the demand for
long-term care insurance. Motivated by evidence that the availability of informal caregivers …

Despite facing significant uncertainty about their lifespans and health care costs, most
retirees do not buy annuities or long-term care insurance. In this paper, I find that retirees' …

This paper surveys recent theoretical economic research on long-term care (LTC). LTC
differs from health care: it is about nursing; it is mostly provided by unpaid caregivers (mainly …

The old age provisions of the Medicaid program were designed to insure retirees against
medical expenses. We estimate a structural model of savings and medical spending and …

Long-term care expenditures constitute one of the largest uninsured financial risks facing the
elderly in the United States and thus play a central role in determining the retirement security …

Rapid population aging has led countries to consider the introduction of long-term care
insurance (LTCI) as an essential component of a comprehensive social health protection …

Insurance companies are in the business of discrimination. Insurers attempt to segregate
insureds into separate risk pools based on the differences in their risk profiles, first, so that …

In spite of the high costs and major financial risks involved in long-term care, the majority of
older Americans do not own long-term care insurance. We conducted a survey designed to …