Findings from London School of Economics Provide New Insights into Global Policy (Policy Dilemmas in Financing Long-term Care in Europe)

Politics & Government Week

By a News Reporter-Staff News Editor at Politics & Government Week -- Investigators publish new report on Global Policy. According to news reporting from London, United Kingdom, by VerticalNews journalists, research stated, "Long-term care (LTC) is the largest insurable risk facing the elderly in most high-income countries. Paradoxically, institutional responses to the need to insure ex ante (i.e. before the contingency occurs) the financial risks of needing LTC, either through social, private, or self insurance, exhibit limited development."

The news correspondents obtained a quote from the research from the London School of Economics, "In contrast, mechanisms to finance LTC expost continue to develop, primarily those supported by the public sector (i.e. subsidies or tax deductions) and the family (i.e. intergenerational transfers). Both ex ante and ex post types of financing mechanisms are found to be subject to shortcomings which give rise to dilemmas for public policy."

According to the news reporters, the research concluded: "Governments confront these dilemmas in different ways, causing a great deal of heterogeneity in the financing and provision of LTC services across Europe."

For more information on this research see: Policy Dilemmas in Financing Long-term Care in Europe. Global Policy, 2017;8():38-45. Global Policy can be contacted at: Wiley, 111 River St, Hoboken 07030-5774, NJ, USA. (Wiley-Blackwell - www.wiley.com/; Global Policy - onlinelibrary.wiley.com/journal/10.1111/(ISSN)1758-5899)

Our news journalists report that additional information may be obtained by contacting J. Costa-Font, London Sch Econ, Center Econ Performance, London, United Kingdom. Additional authors for this research include C. Courbage and P. Zweifel.