Role Of Long-term Care Insurance Research Articles

Keyword Network Analysis on Long Term Care Insurance Using Text Mining

Objectives: This study conducted research using big data in order to overcome the limitations of existing qualitative research or analysis research. By analyzing keywords, the flow and role of long-term care insurance in society were analyzed.Methods: Issues were searched through text mining, one of the big data techniques, and the flow of agendas by period was examined by 3 time points (institutional settlement period, 1st basic plan, 2nd basic plan). Using R and NetMiner, Daum News (news.daum.net) and Naver News (news.naver.com) were web-scraped to collect 20,965 news articles, 4,994 articles were filtered for keyword extraction and analysis. Result: Looking at the characteristics of each data type, in all data types, long-term care institutions (including nursing homes) and care providers appear as the top keywords, and the keyword subgroup characteristics are ① grade/service, ② institution management, and ③ the employee group includes the keyword subgroup.Conclusions: This study is based on the subject of long-term care insurance for the elderly and applies big data analysis techniques, and can be used as a decision-making tool in establishing policies and systems.

Review of evolution of the public long-term care insurance (LTCI) system in different countries: influence and challenge

BackgroundThe growing demand for LTC (Long-term care) services for disabled elderly has become a daunting task for countries worldwide, especially China, where population aging is particularly severe. According to CSY (China Statistical Yearbook,2019), the elderly aged 65 or above has reached 167 million in 2018, and the number of disabled elderly is as high as 54%. Germany and other countries have alleviated the crisis by promoting the public LTCI (Long-Term Care Insurance) system since the 1990s, while China’s public LTCI system formal pilot only started in 2016. Therefore, the development of the public LTCI system has gradually become a hot topic for scholars in various countries, including China.MethodsThis review has been systematically sorted the existing related literature to discuss the development of public LTCI (Long-Term Care Insurance)system form four aspects, namely, the comparison of public LTCI systems in different countries, the influence of public LTCI, challenge of public LTCI, and the relationship between public LTCI and private LTCI. We searched some databases including Web of Science Core Collection, Medline, SCOPUS, EBSCO, EMBASE, ProQuest and PubMed from January 2008 to September 2020. The quality of 38 quantitative and 21 qualitative articles was evaluated using the CASP(Critical Appraisal Skills Programme) critical evaluation checklist.ResultsThe review systematically examines the development of public LTCI system from four aspects, namely, the comparison of public LTCI systems in different countries, the influence of public LTCI, the challenge of public LTCI, and the relationship between public LTCI and private LTCI. For example, LTCI has a positive effect on the health and life quality of the disabled elderly. However, the role of LTCI in alleviating the financial burden on families with the disabled elderly may be limited.ConclusionSome policy implications on the future development of China’s LTCI system can be obtained. For example, the government should fully consider the constraints such as price rise, the elderly disability rate, and the substantial economic burden. It also can strengthen the effective combination of public LTCI and private LTCI. It does not only help to expand the space for its theoretical research but also to learn the experiences in the practice of the LTCI system in various countries around the world. It will significantly help the smooth development and further promote the in-depth reform of the LTCI system in China.

Effect Evaluation of the Long-Term Care Insurance (LTCI) System on the Health Care of the Elderly: A Review.

BackgroundHow to cope with the rapid growth of LTC (long-term care) needs for the old people without activities of daily living (ADL), which is also a serious hazard caused by public health emergencies such as COVID-2019 and SARS (2003), has become an urgent task in China, Germany, Japan, and other aging countries. As a response, the LTCI (long-term care insurance) system has been executed among European countries and piloted in 15 cities of China in 2016. Subsequently, the influence and dilemma of LTCI system have become a hot academic topic in the past 20 years.MethodsThe review was carried out to reveal the effects of the LTCI system on different economic entities by reviewing relevant literature published from January 2008 to September 2019. The quality of 25 quantitative and 24 qualitative articles was evaluated using the JBI and CASP critical evaluation checklist, respectively.ResultsThe review systematically examines the effects of the LTCI system on different microeconomic entities such as caretakers or their families and macroeconomic entities such as government spending. The results show that the LTCI system has a great impact on social welfare. For example, LTCI has a positive effect on the health and life quality of the disabled elderly. However, the role of LTCI in alleviating the financial burden on families with the disabled elderly may be limited.ConclusionImplementation of LTCI system not only in reducing the physical and mental health problems of health care recipients and providers, and the economic burden of their families, but also promote the development of health care service industry and further improvement of the health care system. However, the dilemma and sustainable development of the LTCI system is the government needs to focus on in the future due to the sustainability of its funding sources.

Financial Industry Views on the Prospective Role of Long-Term Care Insurance and Reverse Mortgages in Financing Long-Term Care in Croatia

ABSTRACT Due to the government’s modest role in taking care of aging adults, as well as a rapidly aging demographic and a high share of home ownership, Croatia is an interesting case for private long-term care (LTC) financing. This study uses a qualitative survey through interviews (N = 21) with specialists from the financial industry to examine the prospects for developing LTC insurance (LTCI) and reverse mortgages. The most important obstacles to developing reverse mortgages and LTCI are an emotional attachment to real estate and strong family ties. However, inadequately regulated and nontransparent housing and LTC markets, the weak rule of law, poor financial literacy, low trust in financial institutions, and the perception of government as the savior of last resort pose additional challenges. Combined insurance products with clearly defined benefits are the products showing the most market potential.

Long-Term Care Insurance: Is It Really the Answer?

As the elderly population continues to age and increase in size, long-term care financing will become an ever-larger problem for the elderly as well as their families and the nation as a whole. Long-term care insurance appears to be a possible solution to the problem of financing long-term care; however, long-term care insurance has many large issues that need to be addressed before consumers or the industry can or will put any confidence in it as a firm solution. This paper will discuss the problem of the aging population in financing their long-term care and discuss whether long-term care insurance is a viable solution. The paper will first discuss the basics of long-term care along with the aging population and the need for long-term care. Then, the paper will turn to the basics of long-term care insurance followed by the role of long-term care insurance in the financing of long-term care. The paper next analyzes the problems with the long-term care insurance market from both the perspective of the consumer and the companies in the industry. Finally, the paper will end with recommendations for trying to sustain the industry along with other potential options to help finance long-term care, which appear to be more sustainable for the companies and more accepted by the consumers.

Care Grading System and the Professional Role of Long-term Care Insurance

The preliminary Long Term Care Insurance(LTCI) of Korea now entered on its rehearsal phase. The economic condition of Korea and the demand for health strengthening through proper medical service of elderly were not fairly reflected in the LTCI. The complex procedure of application for LTC service and unskilled decision system were revealed from the exhibition trial of LTCI. Many requests were suggested to establish operating system. The elderly wanted to take a combined medical and care service than simple care service. Therefore, the professional role of LTCI for a high degree of efficiency should be readjusted and LTCI have to be changed to fit in with the reality of Korea.

XI The Function and the Role of Long-Term Care Insurance in Germany : How to Change the Situation by the Introduction of New Public Statutory Long-Term Care Insurance?

XI The Function and the Role of Long-Term Care Insurance in Germany : How to Change the Situation by the Introduction of New Public Statutory Long-Term Care Insurance?