Insuring Long Term Care In the US
Working Paper 17451
DOI 10.3386/w17451
Issue Date
Long-term care expenditures constitute one of the largest uninsured financial risks facing the elderly in the United States. This paper provides an overview of the economic and policy issues surrounding insuring long-term care expenditure risk. Through this lens we also discuss the likely impact of recent long-term care public policy initiatives at both the state and federal level.
Published Versions
“Insuring Long-Term Care in the U.S.” Journal of Economic Perspectives. Vol. 25 (4): pages 119-142. Fall 2011. With Amy Finkelstein.