The ageing of the European population brings new financial risks that call for state,
market and societal responses. In 2011, the first baby-boom generation is turning 65, and
forecasts predict that the size of the old-age population in need of long-term care will
double in the next 50 years in Europe. However, how different countries are responding to
the challenge of financing long-term care is still a question open to further examination,
including the role of market development, changing intergenerational contracts and
especially the constraints of state intervention.
Growing long-term care needs in several European countries as well as the
reshaping of traditional modes of care-giving further increase the pressure for
sustainable funding of more comprehensive long-term care systems. This book examines
different forms of partnership and the potential cooperation of state, market and societal
stakeholders. It not only offers a full understanding of the institutional responses
and mechanisms in place for financing old age but also provides a deep analysis of both
the demand and supply factors underpinning the development of financial instruments to
cover long-term care needs in Europe.
JOAN COSTA-FONT Senior Lecturer in Political Economy at the London
School of Economics and Political Science (LSE), UK, where he is also Senior Research
Fellow in Health Economics. He edits the journal Applied Economics, Perspective and
Policyand is author of articles in the Oxford Review of Economic Policy, The Journal of
the European Economic Association, Health Economics, Economic Policy among other journals.
CHRISTOPHE COURBAGE Research Director at The Geneva Association
(International Association for the Study of Insurance Economics), Switzerland. Christophe
is also Deputy Editor of The Geneva Papers. His publications comprise several books
including The Economics of New Health Technology, and articles in journals such as
Economic Theory, Health Economics, Theory and Decision.
Table of Contents
Introduction – Financing Long-Term Care: New and Unresolved Questions;
J.Costa-Font & C.Courbage
Typology of Public Coverage for Long-Term Care in OECD Countries;
F.Colombo
Long-Term Care Insurance Puzzle; P.Pestieau & G.Ponthiere
Long-Term Care Insurance: Building Successful Developments; P-Y.Le
Corre
Housing Wealth as Self-Insurance for Long-Term Care; A.Laferrere
Long-Term Care Insurance: Partnership or Crowding Out?;
J.Costa-Font & C.Courbage
Long-Term Care Insurance in the Netherlands; F.T.Schut & B.van
den Berg
Financing Long-Term Care in France; C.Courbage & M.Plisson
From Commission to Commission: Financing Long-Term Care in England;
A.Comas-Herrera, R.Wittenberg & L.Pickard
Financing Long-Term Care in Southwest Europe: Italy, Portugal and Spain;
J.Costa-Font, C.Gori & S.Santana
Long-Term Care Financing in Austria; B.Trukeschitz & U.Schneider
Financing Long-Term Care in Germany; A.Zuchandke, S.Reddemann &
S.Krummaker
Long-Term Care Financing in Central Eastern Europe; A.Österle
Scandinavian Long-Term Care Financing; M.Karlsson, T.Iversen &
H.Oien
Long-Term Care Financing in Switzerland; F.Weaver
Long-Term Care Financing in Belgium; P.Willemé, J.Geerts,
B.Cantillon & N.Mussche
360 pages, Hardcover
