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Means-tested long term care and family transfers

Cremer, Helmuth and Pestieau, Pierre (2017) Means-tested long term care and family transfers. German Economic Review. pp. 1-14. (In Press)

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Official URL: http://tse-fr.eu/pub/31736

Abstract

One of the pervasive problems with means-tested public long term care (LTC) programs is their inability to prevent individuals who could afford private long term services from taking advantage of public care. They often manage to elude the means-test net through "strategic impoverishment". We show in a simple model how this problem comes about, how it affects welfare and how it can be mitigated.

Item Type: Article
Language: English
Date: 2017
Refereed: Yes
Uncontrolled Keywords: Long term care, means-testing, strategic impoverishment, opting out, public insurance, altruism
JEL codes: H2 - Taxation, Subsidies, and Revenue
H5 - National Government Expenditures and Related Policies
Subjects: B- ECONOMIE ET FINANCE
Divisions: Toulouse School of Economics - TSE
Site: UT1
Date Deposited: 18 May 2017 08:29
Last Modified: 18 May 2017 08:29
OAI ID: oai:tse-fr.eu:31736
URI: http://publications.ut-capitole.fr/id/eprint/24089

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