Tax Incentives for Long Term Care Insurance: A Microsimulation Analysis
- Topics:
- Health Insurance,
- Healthcare Services
- Tags:
- Abt Associates,
- Long-term Care,
- Tax,
- Tax Incentive
- Source:
- Abt Associates
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Overview: The goal of stimulating additional private long-term care coverage is attractive to policy makers because of the potential benefits to the Medicaid program. Medicaid is the most vulnerable component of the current long-term care financing system because it is the largest long-term care insurer and it is partially funded by the states. As the largest long-term care insurer, the implications of an aging population are particularly severe for Medicaid. As this paper will show, if benefit levels remain unchanged, program expenditures are estimated to nearly double as a proportion of the GDP between 2001 and 2050.
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Format: PDF | Size: 71KB | Date: Dec 2001 | Pages: 19
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