This research provides a comparative study of the Japanese and German nursing home sectors. Faced with aging populations, both countries share similar long-term care policies based on social insurance. However, descriptive statistics indicate significant differences in the outcomes and costs in...

This study analyzes a unique circumstance of longevity risk management in the Japanese private nursing home market. The circumstance takes the form of a lump-sum forward payment of lifetime rent by residents, which leaves most of the longevity risk to be covered by homes. To analyze this...