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The impact of long-term care insurance on household expenditures of the elderly: Evidence from China

Author

Listed:
  • Tianshu Zhang
  • Zeping Hu
  • Kaiyue Zhang
  • Xinran Li

Abstract

This study aims to investigate the impact of China’s long-term care insurance (LTCI) pilot on household expenditures of the elderly. Utilizing the China Health and Retirement Longitudinal Study (CHARLS) 2015–2020 three-period longitudinal panel data, we examine the policy effects of LTCI using the Differences-in-Differences (DID) approach. The results indicate that the implementation of LTCI significantly reduces medical (p

Suggested Citation

  • Tianshu Zhang & Zeping Hu & Kaiyue Zhang & Xinran Li, 2025. "The impact of long-term care insurance on household expenditures of the elderly: Evidence from China," PLOS ONE, Public Library of Science, vol. 20(4), pages 1-20, April.
    • Handle: RePEc:plo:pone00:0316758
    DOI: 10.1371/journal.pone.0316758
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    References listed on IDEAS

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    1. Philip Oreopoulos, 2006. "Estimating Average and Local Average Treatment Effects of Education when Compulsory Schooling Laws Really Matter," American Economic Review, American Economic Association, vol. 96(1), pages 152-175, March.
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    1. Chen Chen & Wenkuo Li & Juan Liu & Hongling Xie, 2026. "The utilization level of medical resources, health capital and financial asset allocation of middle-aged and elderly households," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 13(1), pages 1-14, December.

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