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The Gerontologist, Vol 32, Issue 4 478-485, Copyright © 1992 by The Gerontological Society of America


ARTICLES

Economic rationality, the affordability of private long-term care insurance, and the role for public policy

WH Crown, J Capitman and WN Leutz
Policy Center on Aging, Brandeis University, Waltham, MA 02254-9110.

This study uses data from the 1984 panel of the Survey of Income and Program Participation (SIPP) of the U.S. Bureau of the Census to develop new estimates of the potential market for private long-term care insurance. It found that this market is potentially significant-- especially among individuals in the 65-69 age group who are willing to spend up to 50% of their discretionary income on such insurance--but considerably lower than previous estimates, such as those of Cohen and colleagues (1987).


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J Aging HealthHome page
M. A. Cohen
Private Long-Term Care Insurance:: A Look Ahead
J Aging Health, February 1, 2003; 15(1): 74 - 98.
[Abstract] [PDF]


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GerontologistHome page
M. A. Cohen, J. Miller, and M. Weinrobe
Patterns of Informal and Formal Caregiving Among Elders With Private Long-Term Care Insurance
Gerontologist, April 1, 2001; 41(2): 180 - 187.
[Abstract] [Full Text]




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Copyright © 1992 by The Gerontological Society of America.