dc.contributor.author |
Guillén, Montserrat |
dc.contributor.author |
Comas-Herrera, Adelina |
dc.contributor.author |
Xarxa de Referència en Economia Aplicada (XREAP) |
dc.date |
2011 |
dc.identifier |
https://ddd.uab.cat/record/98095 |
dc.identifier |
urn:oai:ddd.uab.cat:98095 |
dc.format |
application/pdf |
dc.language |
eng |
dc.publisher |
Xarxa de Referència en Economia Aplicada (XREAP) |
dc.relation |
Xarxa de Referència en Economia Aplicada (XREAP). Documents de treball de la Xarxa de Referència en Economia Aplicada (XREAP) ; |
dc.rights |
open access |
dc.rights |
Aquest document està subjecte a una llicència d'ús de Creative Commons, amb la qual es permet copiar, distribuir i comunicar públicament l'obra sempre que se'n citin l'autor original, la universitat i la xarxa i no se'n faci cap ús comercial ni obra derivada, tal com queda estipulat en la llicència d'ús |
dc.rights |
https://creativecommons.org/licenses/by-nc-nd/2.5/ |
dc.subject |
Insurance |
dc.subject |
Spain |
dc.subject |
Assegurances |
dc.subject |
Espanya |
dc.title |
How much risk is mitigated by LTC Insurance? A case study of the public system in Spain |
dc.type |
Working paper |
dc.description.abstract |
We present a methodology that allows to calculate the impact of a given Long-Term Care (LTC) insurance protection system on the risk of incurring extremely large individual lifetime costs. Our proposed methodology is illustrated with a case study. According to our risk measure, the current Spanish public LTC system mitigates individual risk by more than 30% compared to the situation where no public protection were available. We show that our method can be used to compare risk reduction of alternative LTC insurance plans. |