The impact of long-term care insurance on household expenditures of the elderly: Evidence from China

• Published in: PloS one Vol. 20; no. 4; p. e0316758
• Main Authors: Zhang, Tianshu, Hu, Zeping, Zhang, Kaiyue, Li, Xinran
• Format: Journal Article
• Language: English
• Published: United States Public Library of Science 21.04.2025; Public Library of Science (PLoS)
• Subjects: Activities of daily living; Aged; Aged, 80 and over; Aging; Analysis; Caregivers; China; Chronic illnesses; Cost control; Developing countries; Disability; Earth Sciences; Economic aspects; Employees; Expenditures; Family Characteristics; Female; Finance; Health aspects; Health care; Health care expenditures; Health Expenditures - statistics & numerical data; Health insurance; Households; Humans; Influence; Insurance; Insurance, Long-Term Care - economics; Intergenerational relations; Labor supply; LDCs; Long term health care; Long-term care; Long-term care insurance; Longitudinal Studies; Male; Mediation; Medical care, Cost of; Medicine and Health Sciences; Middle Aged; Older people; People and Places; Personal income; Pilot projects; Population; Quality of Life; Reimbursement; Rural areas; Rural Population; Social aspects; Social Sciences; China

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 D...