This article utilizes behavioral economics theory to model consumer choice in the area of long-term care financial planning, and evaluates tax and economic policy responses based upon the insights gained from this model of consumer choice

Although long-term care is a substantial financial risk for retired households, only about 10 percent purchase insurance, with many of the remainder relying on Medicaid. Faced with rising Medicaid expenditures on long-term care, states have attempted to encourage the purchase of private...

In anticipation of the escalating costs of long term care, consumers and the federal and state governments are engaging in a variety of strategies intended to preserve the financial solvency of the respective party. For the consumer, this may mean planning in a way designed to maximize one's...

This article draws attention to the long-term implications of Congress' 1997-1998 budget resolution to Medicare's increased charges. Because Congress has only dealt with Medicare's short-term problems, the author contends, Medicare's long-term problems have become increasingly worse. Medicare is...

Although long-term care costs represent a substantial financial risk for retired households, few purchase insurance. Previous research shows that it would not be optimal for most single individuals to purchase coverage, due to crowd-out by the means-tested partial insurance provided by Medicaid....

Das deutsche Gesundheitswesen ist hochkomplex und für Außenstehende nur schwer durchschaubar. Sogar Experten haben Schwierigkeiten, die Struktur und Funktionsweise der verschiedenen Teilsysteme und Versorgungsbereiche insgesamt zu überblicken. Durch die zahlreichen Gesundheitsreformen wird es...

Die vorliegende Studie diskutiert die Prognoseergebnisse für die Kostenentwicklung im Bereich der obligatorischen Kranken- und Pflegeversicherung (OKP). Innerhalb der deskriptiven Diskussion der Datenlage werden für die Kostengruppen wie auch die Kantone die letztjährigen Wachstumsraten mit...

We show that the provision of even incomplete public insurance can substantially crowd out private insurance demand. We examine the interaction of the public Medicaid program with the private market for long-term care insurance and estimate that Medicaid can explain the lack of private insurance...