+ Site Statistics
+ Search Articles
+ Subscribe to Site Feeds
Most Shared
PDF Full Text
+ PDF Full Text
Request PDF Full Text
+ Follow Us
Follow on Facebook
Follow on Twitter
Follow on LinkedIn
+ Translate
+ Recently Requested

Group long-term care insurance: decision-making factors and implications for financing long-term care

Group long-term care insurance: decision-making factors and implications for financing long-term care

Journal of Aging and Social Policy 20(2): 165-181

This study proposes and tests a systemic family decision-making framework to understand group long-term care insurance (LTCI) enrollment decisions. A random sample of public employees who were offered group LTCI as a workplace benefit were examined. Findings reveal very good predictive efficacy for the overall conceptual framework with a pseudo R2 value of .687, and reinforced the contributions of factors within the family system. Enrollees were more likely to have discussed the decision with others, used information sources, and had prior experience when compared to non-enrollees. Perceived health status, financial knowledge, attitudes regarding the role of private insurance, risk taking, and coverage features were additional factors related to enrollment decisions. The findings help to inform policymakers about the potential of LTCI as one strategy for financing long-term care.

(PDF emailed within 0-6 h: $19.90)

Accession: 053447241

Download citation: RISBibTeXText

PMID: 18788363

DOI: 10.1080/08959420801977533

Related references

Private long-term care insurance: value to claimants and implications for long-term care financing. Gerontologist 50(5): 613-622, 2011

Financing reform for long-term care: strategies for public and private long-term care insurance. Journal of Aging and Social Policy 7(3-4): 109-127, 1995

Utilization of long-term care services under the public long-term care insurance program in Korea: Implications of a subsidy policy. Health Policy 111(2): 166-174, 2014

Morbidity, disability, and long-term care of the elderly: implications for insurance financing. Milbank Quarterly 68(3): 445-492, 1990

Equity of access under Korean national long-term care insurance: implications for long-term care reform. International Journal for Equity in Health 14: 82, 2016

Individual decision making in the non-purchase of long-term care insurance. Gerontologist 49(4): 560-569, 2009

Consumer Decision-Making Abilities and Long-Term Care Insurance Purchase. Journals of Gerontology. Series B, Psychological Sciences and Social Sciences 73(4): E1-E10, 2017

Long-term care insurance in Japan: implications for U.S. long-term care policy. Journal of Gerontological Nursing 33(1): 7-13, 2007

Public health nurses' activities after the initiation of long-term care insurance (Part 1). Focus on operations for long-term care insurance. Japanese Journal of Public Health 50(8): 713-723, 2003

Case management in long-term care--the task of individual related and family-oriented support for people in need of care and its realization through the reform of long-term care insurance. Zeitschrift für Gerontologie und Geriatrie 41(2): 92-105, 2008

Assuring the quality of long-term care insurance benefits through care management: the California partnership for long-term care. Journal of Aging and Social Policy 17(3): 39-59, 2005

The physicians role in long-term care decision making Implications of a values map. Journal of the American Geriatrics Society 40(10 SUPPL ): SA60, 1992

Women's role in the provision of long-term care, financial incentives, and the future financing of long-term care. Developments in Health Economics and Public Policy 5: 79-102, 1995

Understanding the factors behind the decision to purchase varying coverage amounts of long-term care insurance. Health Services Research 29(6): 653-678, 1995

Reforming long-term care financing through insurance. Health Care Financing Review Spec No: 109-112, 1988