The Economics of Long-term Care

The Economics of Long-term Care: The Contribution of Family, State and Market to Elder Care
English | 2026 | ISBN: 3032182360 | 110 Pages | PDF EPUB (True) | 4 MB
As the need for long-term care expands, evaluating the roles of its primary providers―the state, the market, and the family―becomes increasingly essential. This book first examines recent research on the contributions of families and the marketplace to long-term care. Noting the decreasing involvement of families and the limitations of market-based solutions, it then shifts focus to studies that explore public policy development aimed at supporting elderly individuals without family assistance or adequate resources. These policies aim to create a comprehensive support system by utilizing both market mechanisms and family resources to meet the needs of the dependent elderly.