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An Initial Analysis of the Effects of a Long-Term Care Insurance on Equity and Efficiency: A Case Study of Qingdao City in China

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An Initial Analysis of the Effects of a Long-Term Care Insurance on Equity and Efficiency : A Case Study of Qingdao City in China. / Yang, Wei; Chang, Shuang; Zhang, Wenbo; Wang, Ruobing; Mossialos, Elias; Wu, Xun; Cui, Dan; Li, Hao; Mi, Hong.

In: RESEARCH ON AGING, 01.01.2020.

Research output: Contribution to journalArticlepeer-review

Harvard

Yang, W, Chang, S, Zhang, W, Wang, R, Mossialos, E, Wu, X, Cui, D, Li, H & Mi, H 2020, 'An Initial Analysis of the Effects of a Long-Term Care Insurance on Equity and Efficiency: A Case Study of Qingdao City in China', RESEARCH ON AGING. https://doi.org/10.1177/0164027520907346

APA

Yang, W., Chang, S., Zhang, W., Wang, R., Mossialos, E., Wu, X., Cui, D., Li, H., & Mi, H. (Accepted/In press). An Initial Analysis of the Effects of a Long-Term Care Insurance on Equity and Efficiency: A Case Study of Qingdao City in China. RESEARCH ON AGING. https://doi.org/10.1177/0164027520907346

Vancouver

Yang W, Chang S, Zhang W, Wang R, Mossialos E, Wu X et al. An Initial Analysis of the Effects of a Long-Term Care Insurance on Equity and Efficiency: A Case Study of Qingdao City in China. RESEARCH ON AGING. 2020 Jan 1. https://doi.org/10.1177/0164027520907346

Author

Yang, Wei ; Chang, Shuang ; Zhang, Wenbo ; Wang, Ruobing ; Mossialos, Elias ; Wu, Xun ; Cui, Dan ; Li, Hao ; Mi, Hong. / An Initial Analysis of the Effects of a Long-Term Care Insurance on Equity and Efficiency : A Case Study of Qingdao City in China. In: RESEARCH ON AGING. 2020.

Bibtex Download

@article{807a11d0431d4652a79dccd68a570b20,
title = "An Initial Analysis of the Effects of a Long-Term Care Insurance on Equity and Efficiency: A Case Study of Qingdao City in China",
abstract = "Finding a suitable mechanism to finance long-term care (LTC) is a pressing policy concern for many countries. Using Qingdao city in China as a case study, this article presents an initial assessment of a newly piloted LTC insurance by evaluating its effects on equity and efficiency in financing. Drawing data from 47 in-depth interviews conducted in 2016, this study found that there remain sizable disparities in financial burden among insurance participants, despite an emphasis on ensuring equitable access to care. Although the insurance brought cost savings to the health care sector, the LTC providers are incentivized to provide care at the least cost, even when such care is deemed inadequate due to the fixed payment for their services. This article offers critical insights into the potentials and challenges of applying the LTC insurance model in a developing country, where critical lessons can be drawn for public LTC insurance in other countries.",
keywords = "China, efficiency, equity, long-term care insurance",
author = "Wei Yang and Shuang Chang and Wenbo Zhang and Ruobing Wang and Elias Mossialos and Xun Wu and Dan Cui and Hao Li and Hong Mi",
year = "2020",
month = jan,
day = "1",
doi = "10.1177/0164027520907346",
language = "English",
journal = "RESEARCH ON AGING",
issn = "0164-0275",
publisher = "SAGE Publications Inc.",

}

RIS (suitable for import to EndNote) Download

TY - JOUR

T1 - An Initial Analysis of the Effects of a Long-Term Care Insurance on Equity and Efficiency

T2 - A Case Study of Qingdao City in China

AU - Yang, Wei

AU - Chang, Shuang

AU - Zhang, Wenbo

AU - Wang, Ruobing

AU - Mossialos, Elias

AU - Wu, Xun

AU - Cui, Dan

AU - Li, Hao

AU - Mi, Hong

PY - 2020/1/1

Y1 - 2020/1/1

N2 - Finding a suitable mechanism to finance long-term care (LTC) is a pressing policy concern for many countries. Using Qingdao city in China as a case study, this article presents an initial assessment of a newly piloted LTC insurance by evaluating its effects on equity and efficiency in financing. Drawing data from 47 in-depth interviews conducted in 2016, this study found that there remain sizable disparities in financial burden among insurance participants, despite an emphasis on ensuring equitable access to care. Although the insurance brought cost savings to the health care sector, the LTC providers are incentivized to provide care at the least cost, even when such care is deemed inadequate due to the fixed payment for their services. This article offers critical insights into the potentials and challenges of applying the LTC insurance model in a developing country, where critical lessons can be drawn for public LTC insurance in other countries.

AB - Finding a suitable mechanism to finance long-term care (LTC) is a pressing policy concern for many countries. Using Qingdao city in China as a case study, this article presents an initial assessment of a newly piloted LTC insurance by evaluating its effects on equity and efficiency in financing. Drawing data from 47 in-depth interviews conducted in 2016, this study found that there remain sizable disparities in financial burden among insurance participants, despite an emphasis on ensuring equitable access to care. Although the insurance brought cost savings to the health care sector, the LTC providers are incentivized to provide care at the least cost, even when such care is deemed inadequate due to the fixed payment for their services. This article offers critical insights into the potentials and challenges of applying the LTC insurance model in a developing country, where critical lessons can be drawn for public LTC insurance in other countries.

KW - China

KW - efficiency

KW - equity

KW - long-term care insurance

UR - http://www.scopus.com/inward/record.url?scp=85081578462&partnerID=8YFLogxK

U2 - 10.1177/0164027520907346

DO - 10.1177/0164027520907346

M3 - Article

AN - SCOPUS:85081578462

JO - RESEARCH ON AGING

JF - RESEARCH ON AGING

SN - 0164-0275

ER -

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