Journal Articles

The Impact of the Partnership Long-Term Care Insurance Program on Private Coverage and Medicaid Expenditures

2013, Journal of Health Economics

Haizhen Lin, Jeffrey Prince

Abstract

We examine the impact of U.S. states’ adoption of the partnership long-term care (LTC) insurance program on households’ purchases of private coverage. Targeting middle-class households, this program increases the benefits of privately insuring via a higher asset threshold for Medicaid eligibility for LTC coverage. We find that the program generates few new purchases of LTC insurance, and that those it generates are almost entirely by wealthy individuals.

Citation

Lin, Haizhen, and Jeffrey Prince (2013), "The Impact of the Partnership Long-Term Care Insurance Program on Private Coverage and Medicaid Expenditures," Journal of Health Economics, Vol. 32, No. 6, pp.  1205-1213.

Kelley School of Business

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