Private Long-Term Care Insurance Ownership in a Simple Choice Environment: Does Financial Literacy Matter?
Aging
financial knowledge
insurance
long-term care financing
severe disability
Journal
Journal of aging & social policy
ISSN: 1545-0821
Titre abrégé: J Aging Soc Policy
Pays: England
ID NLM: 8914669
Informations de publication
Date de publication:
19 Apr 2023
19 Apr 2023
Historique:
pubmed:
19
4
2023
medline:
19
4
2023
entrez:
19
04
2023
Statut:
aheadofprint
Résumé
We present new evidence on financial literacy and private long-term care insurance (LTCI) ownership in Singapore, where policy intervention has resulted in a highly standardized marketplace with fixed benefit terms and premiums schedules. Using data from the 2018 Singapore Life Panel (
Identifiants
pubmed: 37073729
doi: 10.1080/08959420.2023.2203601
doi:
Types de publication
Journal Article
Langues
eng