Inner Mongolia University of Finance and Economics Reports Findings in Science (The impact of long-term care insurance on household expenditures of the elderly: Evidence from China): Science

2025 MAY 07 (NewsRx) -- By a News Reporter-Staff News Editor at Daily China News -- New research on Science is the subject of a report. According to news reporting from Hohhot, People’s Republic of China, by NewsRx journalists, research stated, “This study aims to investigate the impact of China’s long-term care insurance (LTCI) pilot on household expenditures of the elderly. Utilizing the China Health and Retirement Longitudinal Study (CHARLS) 2015-2020 three-period longitudinal panel data, we examine the policy effects of LTCI using the Differences-in-Differences (DID) approach.”

Financial supporters for this research include Project of the National Social Science Foundation of China, Project of the Department of Educational Science Planning of the Inner Mongolia Autonomous Region.

The news correspondents obtained a quote from the research from the Inner Mongolia University of Finance and Economics, “The results indicate that the implementation of LTCI significantly reduces medical (p <0.05) and healthcare expenditures (p <0.05) for elderly households, while substantially increasing non-medical healthcare expenditures (p <0.01) and total expenditures (p <0.01). This effect is more pronounced for older households in rural areas or with lower levels of education. Furthermore, the improvement in household expenditures is strongly associated with the health status of the elderly and intergenerational economic support.”

According to the news reporters, the research concluded: “These findings provide empirical evidence that LTCI enhances household expenditures and the quality of life for the elderly, which is crucial for the development of LTCI in China and other middle-income developing countries.”

For more information on this research see: The impact of long-term care insurance on household expenditures of the elderly: Evidence from China. PLOS One, 2025;20(4). PLOS One can be contacted at: Public Library Science, 1160 Battery Street, Ste 100, San Francisco, CA 94111, USA. (Public Library of Science - www.plos.org; PLOS One - www.plosone.org)

Our news journalists report that additional information may be obtained by contacting Zeping Hu, School of Public Administration, Inner Mongolia University of Finance and Economics, Hohhot, People’s Republic of China. Additional authors for this research include Tianshu Zhang, Kaiyue Zhang and Xinran Li.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1371/journal.pone.0316758. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

Publisher contact information for the journal PLOS One is: Public Library Science, 1160 Battery Street, Ste 100, San Francisco, CA 94111, USA.

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