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Long-Term Care Reforms in OECD Countries$
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Cristiano Gori, Jose-Luis Fernandez, and Raphael Wittenberg

Print publication date: 2015

Print ISBN-13: 9781447305057

Published to Policy Press Scholarship Online: January 2017

DOI: 10.1332/policypress/9781447305057.001.0001

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The long-term care financing problem

The long-term care financing problem

Chapter:
(p.25) Three The long-term care financing problem
Source:
Long-Term Care Reforms in OECD Countries
Author(s):

José-Luis Fernández

Pamela Nadash

Publisher:
Policy Press
DOI:10.1332/policypress/9781447305057.003.0003

Every developed nation aims to provide assistance to people with long-term care (LTC) needs; motivations for supporting such programs combine a recognition of how vulnerable they are with a strong sense of social obligation, particularly toward the older people who comprise the majority of LTC recipients. And yet, the increasing number of people living to older and older ages, along with advances in medicine that ensure that even those with profound impairments live long lives, creates increasing pressure on LTC systems and the funding that supports them. This chapter looks at how states are adapting to the reality of increasing need and rising costs.

Keywords:   long term care, oecd, public expenditures, social services programs, ageing tsunami, compulsory long term care insurance, societal risk, demographic pressures, individual responsibility, social welfare

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