The long-term care insurance market

被引:23
作者
Kessler, Denis [1 ]
机构
[1] Immeuble SCOR, F-92074 Paris, France
关键词
long-term care insurance; escalating costs; adverse selection; moral hazard; France and the United States; old age;
D O I
10.1057/palgrave.gpp.2510164
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This paper focuses on the existence of an insurance market for long-term care. There are three major risks for insurers that provide long-term care insurance: risk of escalating costs, risk of adverse selection and risk of moral hazard. Despite these risks, the long-term care insurance is a potentially expanding market for insurance companies able to innovate and design products tailored to this very specific demand.
引用
收藏
页码:33 / 40
页数:8
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