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Can the government incentivize the purchase of private long-term care insurance? Evidence from the Partnership for Long-Term Care

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  • Nadia Greenhalgh-Stanley

Abstract

Using data from the Health and Retirement Study, I show that state adoption of Partnerships for Long-Term Care incentivized the purchase of private long-term care insurance, particularly for households displaying the greatest risk aversion and long-term financial planning horizons.

Suggested Citation

  • Nadia Greenhalgh-Stanley, 2014. "Can the government incentivize the purchase of private long-term care insurance? Evidence from the Partnership for Long-Term Care," Applied Economics Letters, Taylor & Francis Journals, vol. 21(8), pages 541-544, May.
    • Handle: RePEc:taf:apeclt:v:21:y:2014:i:8:p:541-544
    DOI: 10.1080/13504851.2013.872756
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    Cited by:

    1. Bergquist, Savannah & Costa-Font, Joan & Swartz, Katherine, 2018. "Long-term care partnerships: Are they fit for purpose?," The Journal of the Economics of Ageing, Elsevier, vol. 12(C), pages 151-158.

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