DP11365 The public economics of long term care

Author(s): Pierre Pestieau, Gregory Ponthiere
Publication Date: June 2016
Keyword(s): Dependence, family solidarity, long term care, Social Insurance
JEL(s): I11, I12, I18, J14
Programme Areas: Public Economics
Link to this Page: cepr.org/active/publications/discussion_papers/dp.php?dpno=11365

With the rapid increase in LTC needs, the negligible role of the market and the declining role of informal family care, one would hope 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 integrating both the market and the family.