IDEAS home Printed from https://ideas.repec.org/p/cor/louvrp/2816.html

Arrow's theorem of the deductible and long-term care insurance

Author

Listed:
  • Jacques H. DREZE
  • Pierre PESTIEAU
  • Erik SCHOKKAERT

Abstract

Long-term care (LTC) needs are expected to increase in the next decades. This calls for more involvement of the market that today covers less than 10% of these needs. We analyze which features an optimal LTC insurance policy should incorporate. Following Arrow (1963) we suggest that such policy should consist of complete insurance above a deductible amount.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Jacques H. DREZE & Pierre PESTIEAU & Erik SCHOKKAERT, 2016. "Arrow's theorem of the deductible and long-term care insurance," LIDAM Reprints CORE 2816, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvrp:2816
    Note: In : Economics Letters, 148, 103-105, 2016
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Claire Borsenberger & Helmuth Cremer & Denis Joram & Jean-Marie Lozachmeur & Estelle Malavolti, 2026. "The design of insurance contracts for home versus nursing home long-term care," International Journal of Health Economics and Management, Springer, vol. 26(1), pages 1-16, March.
    2. Justina Klimaviciute & Pierre Pestieau, 2018. "Long-term care social insurance: How to avoid big losses?," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 25(1), pages 99-139, February.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cor:louvrp:2816. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alain GILLIS (email available below). General contact details of provider: https://edirc.repec.org/data/coreebe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.