The impact of long-term care insurance on the health status and healthcare expenditure of older adults in China.

ABSTRACT:

Objective

Long-term care needs have grown with population aging. This study explores the relationships among health status, healthcare expenditure, and long-term care insurance (LTCI) among the older adults.

Methods

Using data from the China Health and Retirement Longitudinal Study (CHARLS 2011, 2013, 2015, 2018, and 2020) and based on the demand model for healthcare services, this study employed the difference-in-difference (DID) method to assess how the implementation of LTCI contributed to the health status and healthcare expenditures of the older adults. The propensity score matching DID method (PSM-DID) and other tests were used to conduct further robustness checks.

Results

The findings demonstrate a significant positive impact of LTCI on improving the health sta

SUBMITTER: An R 

PROVIDER: S-EPMC11770830 | biostudies-literature | 2024

REPOSITORIES: biostudies-literature