Wuhan University Reports Findings in Science (The impact of long-term care insurance system on family care: Evidence from China): Science

2023 JUN 22 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- New research on Science is the subject of a report. According to news originating from Wuhan, People’s Republic of China, by NewsRx correspondents, research stated, “The inconsistent findings on the impact of the long-term care insurance (LTCI) system on family care require us to extend our study horizon to more countries with LTCI system designs or market practices. China has explored the LTCI system through pilot programs, which provide a quasi-natural experimental environment.”

Our news journalists obtained a quote from the research from Wuhan University, “This paper aims to examine how the LTCI system affects family care in China. We primarily employ the time-varying difference-in-differences method to perform regression analyses based on the panel data from the China Health and Retirement Longitudinal Study. We discover a 7.2% rise in family care under the LTCI system. Specifically, the LTCI system is more likely to promote family care as the relatively primary care for disabled women, disabled people aged 60-74, and those who cannot fully take care of themselves. In addition, the formal care support policy of LTCI will crowd in both formal care and family care, and the crowding-in-effect on formal care may even obscure the crowding-in-effect on family care. The family care support policy of LTCI may encourage the policy-covered groups to take family care as their relatively primary care. It may also lengthen family care for those groups. The LTCI system has a crowding-in effect on family care.”

According to the news editors, the research concluded: “It can increase family care through cash payments or linking formal and informal care resources by providing formal community and home care.”

This research has been peer-reviewed.

For more information on this research see: The impact of long-term care insurance system on family care: Evidence from China. The International Journal of Health Planning and Management, 2023. The International Journal of Health Planning and Management can be contacted at: Wiley, 111 River St, Hoboken 07030-5774, NJ, USA.

The news correspondents report that additional information may be obtained from Huiyuan Xue, Center for Social Security Studies, School of Political Science & Public Administration, Wuhan University, Wuhan, People’s Republic of China.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1002/hpm.3672. 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.

The publisher’s contact information for the The International Journal of Health Planning and Management is: Wiley, 111 River St, Hoboken 07030-5774, NJ, USA.

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