1992
DOI: 10.1215/03616878-17-3-425
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Financing Long-Term Care: How Much Public? How Much Private?

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Cited by 11 publications
(4 citation statements)
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“…Such options would involve formal systems that complement, rather than replace, the family as the main source of long-term care for older persons. If the objective of long-term care policy is to optimize well-being while containing costs, we must take individual and family preferences into account (Wiener, Hanley, & Illston, 1992).…”
Section: Discussionmentioning
confidence: 99%
“…Such options would involve formal systems that complement, rather than replace, the family as the main source of long-term care for older persons. If the objective of long-term care policy is to optimize well-being while containing costs, we must take individual and family preferences into account (Wiener, Hanley, & Illston, 1992).…”
Section: Discussionmentioning
confidence: 99%
“…In theory, private insurance for LTC is based on the assumption that an individual's total income is distributed over their entire life; buying insurance thus allows them to defer some income to later in life when LTC services are required (Diamond & Mirlees, 1976). In practice, private insurance can cover only a relatively small proportion of LTC requirements (Rivlin & Wiener, 1988;Wittenberg, 1989;Moon, 1989); it is costly and inadequate (Wiener, Hawley, & Hixon Illstar, 1992), and elderly people do not purchase sufficient coverage (Rice, 1987). Mixed funding systems, private insurance and government, are complex (Kantor & Martin, 1988), and part of the middle class often falls between the cracks: excluded from the public system on the basis of income and unable to pay for private services (Moon, 1989).…”
Section: D) Resourcesmentioning
confidence: 99%
“…Tableau 6 Les quatre dilemmes sur les ressources cycle de vie, il y a report des revenus sur la periode ou il y a utilisation de SLD (Diamond & Mirlees, 1976). En pratique, l'assurance privee ne saurait couvrir qu'une partie relativement peu importante des besoins en SLD (Rivlin & Wiener, 1988;Wittenberg, 1989;Moon, 1989); elle est couteuse et inadequate (Wiener, Hawley, & Hixon Illstar, 1992), alors que les personnes ag£es ne se procurent pas une couverture suffisante (Rice, 1987). Les systemes mixtes de financement, assurance privee et etatique, sont complexes (Kantor & Martin, 1988) et laissent souvent une partie de la classe moyenne entre deux chaises: exclue du systeme public sur la base des revenus et incapables de payer les services prives (Moon, 1989).…”
Section: Codesunclassified