Venue: The Fuqua School of Business, Duke University, 1 Towerview Drive, Durham, NC 27708-0120

 

Presentation

Impacts of the Revision of National LTC Insurance System in April of 2006 the Aged and Caregivers

Authors:

Presenter: Haruko Noguchi (National Institute of Population and Social Security Research, Japan)

Discussant: Tamara Konetzka (University of Chicago )

Session: Lessons from the Japanese National Healthcare Program: Trend, Development, and Future

Room: Classroom C

When: Monday 5:15 p.m. - 6:45 p.m.

The main objects of the study are to examine impacts of the revision of national long-term care (LTC) insurance system in April of 2006 on various aspects, such as physical and mental health, demand for at-home and preventive care, and economic status, among the aged and caregivers. Either the introduction of a new public scheme or the revision of a current system provides the best opportunity of a natural experiment for empirical works. Taking this advantage of the revised national LTC insurance scheme as a unique natural experiment, first, we examine how the revision influences degree of disability-designated care level-among elderly persons. Second, we investigate whether or not a caregiver's physical and mental burden of LTC in the household is affected by the amendment. Third, we estimate price and income elasticity of demand for conventional at-home care and preventive care introduced by the new scheme, using contingent valuation method (CVM). Finally, we discuss a deep-seated key goal of the national LTC scheme to raise female labor market participation.