Post by Sapphire Capital on Jul 11, 2008 22:17:05 GMT 4
Developments in Long-Term Care Insurance in Japan
OLIVIA S. MITCHELL
University of Pennsylvania - Insurance & Risk Management Department; National Bureau of Economic Research (NBER)
JOHN PIGGOTT
University of New South Wales - School of Economics
SATOSHI SHIMIZUTANI
Hitotsubashi University - Institute of Economic Research
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January 2008
UNSW Australian School of Business Research Paper No. 2008 ECON 01
Abstract:
The recently-enacted Japanese long-term care (LTC) system was implemented to reduce so-called social hospitalization or warehousing of the elderly in expensive medical facilities. This paper seeks to evaluate recent patterns in Japanese LTC use and examine the factors associated with LTC utilization patterns. We show that the demand for LTC in Japan - particularly home care - is growing rapidly, as elderly consumers find subsidized LTC care preferable to and more available than hospitalization. At the same time, regional disparities in care persist and are likely to grow.
papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1115186_code858089.pdf?abstractid=1115186&mirid=2
OLIVIA S. MITCHELL
University of Pennsylvania - Insurance & Risk Management Department; National Bureau of Economic Research (NBER)
JOHN PIGGOTT
University of New South Wales - School of Economics
SATOSHI SHIMIZUTANI
Hitotsubashi University - Institute of Economic Research
--------------------------------------------------------------------------------
January 2008
UNSW Australian School of Business Research Paper No. 2008 ECON 01
Abstract:
The recently-enacted Japanese long-term care (LTC) system was implemented to reduce so-called social hospitalization or warehousing of the elderly in expensive medical facilities. This paper seeks to evaluate recent patterns in Japanese LTC use and examine the factors associated with LTC utilization patterns. We show that the demand for LTC in Japan - particularly home care - is growing rapidly, as elderly consumers find subsidized LTC care preferable to and more available than hospitalization. At the same time, regional disparities in care persist and are likely to grow.
papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1115186_code858089.pdf?abstractid=1115186&mirid=2