Showing 1 - 10 of 447
This paper studies the design of an optimal non linear inheritance taxation when individuals differ in wage as well as in their risks of both mortality and old-age dependance. We assume that the government cannot distinguish between bequests motives, that is whether bequests result from...
Persistent link: https://www.econbiz.de/10012499657
Long-term care (LTC) is the largest insurable risk that old-age individuals face in most western societies. However, the demand for LTC insurance is still ostensibly small in comparison to the financial risk, which is reflected in the formation of expectations of insurance coverage. One...
Persistent link: https://www.econbiz.de/10010383842
Can the expansion of Medicaid, a means-tested health and long-term care insurance, be slowed down by incentivising the … given rise to an average Medicaid saving of $36 for every 65-year-old. This suggests scope for LTCI arrangements to reduce …
Persistent link: https://www.econbiz.de/10012628745
eligible for Medicaid to pay her LTSS expenses, and thereby reduce Medicaid expenditures. This paper exploits two unique … expenditures and claims. Both sources of variation suggest LTCP programs modestly stimulated LTC insurance uptake and slowed … Medicaid LTC expenditures and claims trends. …
Persistent link: https://www.econbiz.de/10010470502
We conduct a stated-choice experiment where respondents are asked to rate various insurance products aimed to protect against financial risks associated with long-term care needs. Using exogenous variation in prices from the survey design, and objective risks computed from a dynamic...
Persistent link: https://www.econbiz.de/10011735985
examine spillover effects of a rise on LTC expenditure on health care expenditures (HCE) and the economy (GDP). Our estimates … that such expenditures rise exerts large spillover effects on health spending components. We find that a 1% increase in … spending over HCE is mainly driven by a reduction in inpatient and medicine expenditures, exhibiting large country …
Persistent link: https://www.econbiz.de/10012813827
Für bestimmte Berufsgruppen untersuchen wir Gesundheit und Altern vor und nach der Pensionierung. Wir verwenden fünf … Wellen des Survey of Health, Aging, and Retirement in Europe (SHARE) und erstellen einen Gebrechlichkeitsindex für ältere … Ruhestand anhand des gesetzlichen Rentenalters ("normal" und "früh") und stellen fest, dass die Gesundheit von Arbeitnehmern in …
Persistent link: https://www.econbiz.de/10012650609
One of the most common reasons for people to save is in order to pay for their care in later life. However, the effect of long-term care subsidies on savings is far from clear. In this paper we take advantage of a policy intervention to study the effect on savings and savings behaviour of the...
Persistent link: https://www.econbiz.de/10011547941
COVID-19 outbreaks at nursing homes during the recent pandemic, which received ample media coverage, may have lasting negative impacts on individuals’ perceptions regarding nursing homes. We argue that this could have sizable and persistent implications for savings and long-term care policies....
Persistent link: https://www.econbiz.de/10012619442
Marginal utility of financial resources when needing long-term care, and the related incentives for precautionary savings and insurance, may vary significantly by whether one receives care at home or in a nursing home. In this paper, we develop strategic survey questions to estimate those...
Persistent link: https://www.econbiz.de/10014292102