Long-Term Care Insurance Decisions
Published Online:29 Jul 2016https://doi.org/10.1287/deca.2016.0332
References
- America’s Health Insurance Plans (2013) Guide to long-term care insurance. Accessed June 5, 2014, https://www.ahip.org/guide-to-long-term-care-insurance/.Google Scholar
- Barclays Bank PLC (2014) U.S. aggregate index factsheet. Accessed September 10, 2014, https://index.barcap.com/Home/Guides_and_Factsheets.Google Scholar
- (2009) The private market for long-term care insurance in the United States: A review of the evidence. J. Risk Insurance 76(1):5–29.Crossref, Google Scholar
- (2011) Insuring long-term care in the United States. J. Econom. Perspect. 25(4):119–142.Crossref, Google Scholar
- (2013) The life care annuity: A new empirical examination of an insurance innovation that addresses problems in the markets for life annuities and long-term care insurance. J. Risk Insurance 80(3):677–704.Crossref, Google Scholar
- Centers for Medicare and Medicaid Services (2013) Medicare and you. Accessed September 5, 2014, http://www.dartmouth.edu/~hrs/docs/medicare_and_you13.pdf.Google Scholar
- (2011) Two-sided intergenerational moral hazard, long-term care insurance, and nursing home use. J. Risk Uncertainty 43(1):65–80.Crossref, Google Scholar
- (2007) A good sign for multivariate risk taking. Management Sci. 53(1):117–124.Link, Google Scholar
- (2012) Alternatives to long-term care insurance. J. Financial Service Professionals 66(6):61–68.Google Scholar
- (2012) Long-term care financing in the United States: Sources and institutions. Appl. Econom. Perspect. Policy 34(2):333–345.Crossref, Google Scholar
- Franklin and Associates (2014) Franklin and Associates premium calculator. Accessed September 10, 2014, http://www.franklinassociatesinc.com/premium-calculator.Google Scholar
- (2004) Planning for long-term care: Concept definition and measurement. Gerontologist 44(4):520–530.Crossref, Google Scholar
- Genworth Financial, Inc. (2014a) Genworth 2014 cost of care survey. Accessed August 27, 2014, https://www.genworth.com/dam/Americas/US/PDFs/Consumer/corporate/130568_032514_CostofCare_FINAL_nonsecure.pdf.Google Scholar
- Genworth Financial, Inc. (2014b) Genworth life insurance quote. Accessed August 27, 2014, https://longtermcare.genworth.com/fiveseries/login.do.Google Scholar
- (2004) A modeling framework for optimal long-term care insurance purchase decisions in retirement planning. Health Care Management Sci. 7(2):105–117.Crossref, Google Scholar
- (2007) Integrating long-term care insurance purchase decisions with saving and investment for retirement. Insurance: Math. Econom. 41(3):362–381.Crossref, Google Scholar
- (2014) Long-term care financing reform: Leveraging existing tax incentives for employer-sponsored plans. J. Financial Service Professionals 68(2):59–70.Google Scholar
- Kaiser Family Foundation (2005) The public’s views on long-term care. Accessed September 5, 2014, http://kff.org/medicare/poll-finding/mayjune-2005-kaiser-health-poll-report-toplines/.Google Scholar
- (1976) Decisions with Multiple Objectives: Preferences and Value Tradeoffs (John Wiley & Sons, New York).Google Scholar
- (2005) Long-term care over an uncertain future: What can current retirees expect. Inquiry 42(4):335–350.Crossref, Google Scholar
- (2008) Financial rationale for long-term care planning. J. Financial Service Professionals 62(1):46–53.Google Scholar
- (2012) Managing longevity and disability risks in life annuities with long term care. Insurance: Math. Econom. 50(3):391–401.Crossref, Google Scholar
- (2012) Multiplicative utilities for health and consumption. Decision Anal. 9(4):314–328.Link, Google Scholar
- (2012) Should you purchase long-term-care insurance? Wall Street Journal (May 14), http://online.wsj.com/news/articles/SB10001424052702303425504577352031401783756.Google Scholar
- (2010) The role of private finance in paying for long-term care. Econom. J. 120(548):F478–F504.Google Scholar
- (2012) Long-term care: Helping clients make the right choices. J. Financial Planning 25(11):44–53.Google Scholar
- (2014) An aging nation: the older population in the United States. Accessed September 10, 2014, https://www.census.gov/prod/2014pubs/p25-1140.pdf.Google Scholar
- (2011) Spouses, adult children, and children-in-law as caregivers of older adults: A meta-analytic comparison. Psychology Aging 26(1):1–14.Crossref, Google Scholar
- (2004) Health and wealth: How do they affect individual preferences? Geneva Papers Risk Insurance-Theory 29(1):43–54.Crossref, Google Scholar
- (2005) U.S. Stock Price data, annual, with consumption, both short and long rates, and present value calculations. Accessed September 10, 2014, http://www.econ.yale.edu/~shiller/data.htm.Google Scholar
- Social Security Administration (2014) Actuarial life table. Accessed August 27, 2014, http://www.socialsecurity.gov/OACT/STATS/table4c6.html.Google Scholar
- Society of Actuaries (2011) Long-term care experience committee intercompany study, 1984–2007. Accessed August 25, 2014, https://www.soa.org/Research/Experience-Study/ltc/research-ltc-study-1984-report.aspx.Google Scholar
- (2007) Healthy Life expectancy and the standardized mortality ratio for the elderly in Japan’s 47 Prefectures. Japanese J. Public Health 54(1):25–31.Google Scholar
- (2013) Alzheimer’s disease facts and figures. Alzheimer’s Dementia 9(2):208–245.Crossref, Google Scholar
- (2013) Multidimensional smoothing by adaptive local kernel-weighted log-likelihood: Application to long-term care insurance. Insurance: Math. Econom. 52(3):573–589.Crossref, Google Scholar
- Vanguard Group, The (2014) Vanguard target retirement funds. Accessed September 10, 2014, https://investor.vanguard.com/mutual-funds/target-retirement/#/.Google Scholar
- (2014) Long-term care insurance: Peace of mind at a price. USA Today (March 31), http://www.usatoday.com/story/money/columnist/waggoner/2013/12/02/long-term-care-insurance/3807147/.Google Scholar
- (2012) In sickness and in health: An annuity approach to financing long-term care and retirement income. Warshawsky M, ed. Retirement Income: Risks and Strategies (MIT Press, Cambridge, MA),179–212.Google Scholar
- (2012) The imperfect match between long-term care risk and long-term care insurance. J. Financial Service Professionals 66(4):37–45.Google Scholar

