Private Long-Term Care Insurance and State Tax Incentives
Bibliographic Data
| ID | 13775980 |
|---|---|
| Authors | David G Stevenson (0000-0002-3370-3277, Harvard University, corresponding author), Robert G Frank (0000-0003-1551-7072), Richard G Frank, Jocelyn Tau |
| Year | 2009 |
| Volume | 46 |
| Issue | 3 |
| Pages | 305-321 |
| Publication date | 2009-08-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | INQUIRY The Journal of Health Care Organization Provision and Financing (JOURNAL) |
| Journal identifiers | ISSN: 0046-9580 • E-ISSN: 1945-7243 |
| Publisher | SAGE Publishing (PUBLISHER • US) |
| DOI | 10.5034/inquiryjrnl_46.03.305 |
| PMID | 19938726 |
| OpenAlex | W2075446797 |
| Language | EN |
| Citations received | 1 |
| References cited | 7 |
To increase the role of private insurance in financing long-term care, tax incentives for long-term care insurance have been implemented at both the federal and state levels. To date, there has been surprisingly little study of these initiatives. Using a panel of national data, we find that market take-up for long-term care insurance increased over the last decade, but state tax incentives were responsible for only a small portion of this growth. Ultimately, the modest ability of state tax incentives to lower premiums implies that they should be viewed as a small piece of the long-term care financing puzzle
Actuarial science · Business · Economics · Incentive · Long-term care · Long-term care insurance · Microeconomics · Public economics · State (computer science · Tax credit · Tax incentive · Term (time · Finance · Financial Literacy, Pension, Retirement Analysis · Healthcare Policy and Management · Intergenerational Family Dynamics and Caregiving
| Unique citing works | 1 |
|---|---|
| Citations per year | 0.07 |
| Citation span | 2011 - 2011 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |