Hoivavakuutuksen tarve ja arvo erilaisille kotitalouksille
AbstractWe study old age care expenditures and means to prepare for them. The expected size of the expenditures is described both from the point of view of individuals and the municipalities who provide the services. We use a numerical stochastic life cycle model to research how much various individuals would benefit from a possibility to buy a long term care insurance policy in stead of using private saving to cover the uncertain expenditures. In addition, the influence of customer fees and vouchers on the value of the long term care insurance is analyzed.
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Bibliographic InfoPaper provided by The Research Institute of the Finnish Economy in its series Discussion Papers with number 1223.
Length: 36 pages
Date of creation: 2010
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