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Social Insurance for Long-Term Care with Deductible and Linear Contributions

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With the rapid increase in long-term care (LTC) needs, the negligible role of the market, and the declining role of informal family care, one might expect that the government would take a more proactive role in the support of dependent elderly, particularly those who cannot, whatever the reason, count on assistance from their family. The purpose of this paper is to analyze the possibility of designing a sustainable public LTC scheme that would meet a widespread concern, that about going bankrupt and being unable to bequeath any saving to one's children.
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Keywords: CAPPED SPENDING; DEDUCTIBLE THEOREM; LONG-TERM CARE; OPTIMAL TAXATION

Document Type: Research Article

Publication date: 01 March 2018

This article was made available online on 04 December 2017 as a Fast Track article with title: "Social Insurance for Long-Term Care with Deductible and Linear Contributions".

More about this publication?
  • As one of the world's oldest professional journals in public finance, founded in 1884, FinanzArchiv (FA) publishes original work from all fields of public economics which are of interest to an international readership, e.g. taxation, public debt, public goods, public choice, federalism, market failure, social policy, and the welfare state. Special emphasis is on high-quality theoretical and empirical papers on current policy issues.

    FA is a peer-reviewed journal commited to a prompt turnaround of submissions.

    FA is listed in the Social Science Citation Index (SSCI), in Current Contents/Social and Behavioral Sciences, in Econ Lit, in the Journal of Economic Literature, in IDEAS and RePEc and in the International Bibliography of the Social Sciences.

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