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041 _afre
042 _adc
100 1 0 _aTrainar, Philippe
_eauthor
245 0 0 _aThe Long-Term Care Insurance Market
260 _c2024.
500 _a41
520 _aThis article aims to draw lessons from economic analysis in order to assess the possibilities of covering the long-term care risk through insurance. It starts by noting the fundamental ambiguity of this risk. As a result, contracts aimed at hedging this risk exhibit a fundamental asymmetry, which is a source of moral hazard. In addition to the intrinsic limits of existing solutions, these features determine the conditions for optimal risk coverage, in particular by insurance companies, as well as the conditions whereby this could help strengthen competition among nursing care facilities. and improve the quality of the choices available. JEL classification: D82, G22, I13.
786 0 _nRevue d'économie financière | o 152 | 4 | 2024-02-09 | p. 151-165 | 0987-3368
856 4 1 _uhttps://shs.cairn.info/journal-revue-d-economie-financiere-2023-4-page-151?lang=en&redirect-ssocas=7080
999 _c698301
_d698301