The impact of a long-term care information campaign on insurance coverage.
Information campaigns
Insurance
Long-term care
Medicaid
Journal
Journal of health economics
ISSN: 1879-1646
Titre abrégé: J Health Econ
Pays: Netherlands
ID NLM: 8410622
Informations de publication
Date de publication:
Dec 2023
Dec 2023
Historique:
received:
24
01
2020
revised:
13
09
2023
accepted:
24
09
2023
medline:
22
11
2023
pubmed:
8
10
2023
entrez:
7
10
2023
Statut:
ppublish
Résumé
I estimate the impact of an information campaign on long-term care planning behaviors. I identify this effect using the staggered timing of the federal-state "Own Your Future" campaign, which urged individuals to plan ahead for long-term care needs and reached 26 states over five years. I find the campaign increased long-term care insurance coverage for individuals in the top quintile of the asset distribution by four percentage points, or seventeen percent. A back-of-the-envelope calculation indicates Medicaid savings of $483 million in present value.
Identifiants
pubmed: 37804552
pii: S0167-6296(23)00099-1
doi: 10.1016/j.jhealeco.2023.102822
pii:
doi:
Types de publication
Journal Article
Langues
eng
Pagination
102822Informations de copyright
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