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Centre for Policy on Ageing | |
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Group long-term care insurance
— decision-making factors and implications for financing long-term care | | Author(s) | Marlene S Stum |
| Journal title | Journal of Aging & Social Policy, vol 20, no 2, 2008 |
| Pages | pp 165-181 |
| Source | http://www.tandfonline.com |
| Keywords | Health insurance ; Finance [care] ; Usage [services] ; Consumer ; Social surveys ; United States of America. |
| Annotation | This study proposes and tests a systemic family decision-making framework to understand group long-term care insurance (LTCI) enrolment decisions. A random sample of public employees who were offered group LTCI as a workplace benefit were examined. Findings reveal very good predictive efficacy for the overall conceptual framework with a pseudo Rē value of .687, and reinforced the contributions of factors within the family system. Enrollees were more likely to have discussed the decision with others, used information sources, and had prior experience when compared to non-enrollees. Perceived health status, financial knowledge, attitudes regarding the role of private insurance, risk taking, and coverage features were additional factors related to enrolment decisions. These findings help to inform policymakers about the potential of LTCI as one strategy for financing long-term care. (KJ/RH). |
| Accession Number | CPA-091203202 A |
| Classmark | WPG: QC: QLD: WY: 3F: 7T |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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