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The Economics of Long-Term Care in Canada

In: Long-Term Care around the World

Author

Listed:
  • Kevin Milligan
  • Tammy Schirle

Abstract

This paper contributes a broad overview of the Canadian long-term care system. Taking an economist’s viewpoint, we bring together supply and demand factors to provide an economic analysis of the current and future path for long-term care. Like other OECD countries, the coming demographic wave of older baby boomers will put tremendous stress on the existing financial, organizational, and physical structures of the long-term care system. Unlike other OECD countries, Canada’s system is organized almost entirely at the subnational level, with provinces and territories having by far the largest role in financing and regulating long-term care. We provide institutional and empirical details on the evolution and future of Canada's long-term care system.
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Suggested Citation

  • Kevin Milligan & Tammy Schirle, 2023. "The Economics of Long-Term Care in Canada," NBER Chapters, in: Long-Term Care around the World, pages 35-67, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberch:14910
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    File URL: http://www.nber.org/chapters/c14910.pdf
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    References listed on IDEAS

    as
    1. Kevin Milligan, 2008. "The Evolution of Elderly Poverty in Canada," Canadian Public Policy, University of Toronto Press, vol. 34(s1), pages 79-94, November.
    2. Schellenberg, Grant & Ostrovsky, Yuri, 2010. "Pension Coverage and Earnings Replacement Rates Among Canadian Couples," Analytical Studies Branch Research Paper Series 2010327e, Statistics Canada, Analytical Studies Branch.
    3. Ake Blomqvist & Colin Busby, 2012. "Long-Term Care for the Elderly: Challenges and Policy Options," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 367, November.
    4. M. Martin Boyer & Philippe De Donder & Claude Fluet & Marie-Louise Leroux & Pierre-Carl Michaud, 2020. "Long-Term Care Insurance: Information Frictions and Selection," American Economic Journal: Economic Policy, American Economic Association, vol. 12(3), pages 134-169, August.
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    More about this item

    JEL classification:

    • H51 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Health
    • I13 - Health, Education, and Welfare - - Health - - - Health Insurance, Public and Private
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy

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