Long-term Care InsurancePremium Estimates for Prototype Policies
作者:
Mark Meiners,
Gordon Trapnell,
期刊:
Medical Care
(OVID Available online 1984)
卷期:
Volume 22,
issue 10
页码: 901-911
ISSN:0025-7079
年代: 1984
出版商: OVID
关键词: long-term care insurance;nursing home utilization;home health utilization;health financing;elderly;admission cohort
数据来源: OVID
摘要:
Private insurance has been suggested as a way to relieve the growing pressure on Medicaid budgets brought about by the long-term care needs of the elderly. This paper provides premium estimates for prototype long-term care insurance policies. Alternative specifications of services covered, amount of benefits paid per day, waiting period before benefits begin, years of coverage, age at time of purchase, administrative expenses, risk selection, and tax treatments are examined. The estimates are useful in understanding the general order of magnitude of premiums for various types of policies and assumptions. They may also be useful in deriving initial rates for new types of policies or in setting initial rates for an insurer with no access to actual experience data.
点击下载:
PDF
(665KB)
返 回