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- W2058490318 abstract "Long-term care is now the most common cause of catastrophic illness costs for the elderly. Although acute care health insurance represents a mature market, private long-term care insurance is in its infancy and poised for development. This study presents a comparative analysis of simulation data, generated from the Brookings-ICF Long-Term Care Financing Model, for five alternative private long-term care insurance models. The simulation results indicate 1) the potential market for private long-term care insurance is substantial, 2) moderately comprehensive long-term care policies are affordable by a significant minority of the elderly, 3) policies are considerably more affordable to those under age 65, and 4) long-term care insurance has somewhat less potential to pay for nursing home costs for high risk groups than for other elderly." @default.
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- W2058490318 date "1989-02-01" @default.
- W2058490318 modified "2023-10-18" @default.
- W2058490318 title "Private Long-Term Care Insurance" @default.
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- W2058490318 doi "https://doi.org/10.1097/00005650-198902000-00008" @default.
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