Role of Private Long-Term Care Insurance in Financial Sustainability for an Aging Society

This work analyzes and quantifies the significance of private long-term care insurance for the elderly in protecting families from the increased expenses derived from dependency. We propose an economic and financial model for consumption and income deficit evolution. Survival/dependency are modeled...

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Bibliographic Details
Main Authors: Eva Boj del Val, M. Mercè Claramunt Bielsa, Xavier Varea Soler
Format: Article
Language:English
Published: MDPI AG 2020-10-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/12/21/8894