Introduction of long-term care insurance in Germany: An economic interpretation |
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Authors: | Laszlo Goerke |
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Affiliation: | University of Constance, Germany |
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Abstract: | This paper analyses the introduction of long-term care insurance in Germany and provides an overview of some of the main arguments. It focuses on economic aspects of the new scheme, namely its impact on efficiency, distribution and employment as well as government budgets. The new insurance is suboptimal on a number of dimensions but not clearly inferior to an alternative discussed in the literature. |
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