How Much Risk Is Mitigated By LTC Insurance? A Case Study Of The Public System In Spain

One of the main objectives of Long-Term Care projection schemes, public and private, is to mitigate the risk to individuals of being exposed to "Catastrophic" costs of care, which can occur when a person needs care for a very long period of time. The effectiveness of LTC protection schemes as risk transfer instruments has received little attention in the literature. It is difficult to compare existing alternative LTC protection strategies, especially for elaborating international correspondences because each country has very specific regulations.

Provided by: London School of Economics and Political Science Topic: CXO Date Added: Jun 2011 Format: PDF

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