Consumer Decision-Making Abilities and Long-Term Care Insurance Purchase
نویسندگان
چکیده
منابع مشابه
Individual decision making in the non-purchase of long-term care insurance.
PURPOSE Although prior research suggests that economic, behavioral, and psychosocial factors influence decisions not to purchase long-term care insurance, few studies have examined the interplay among these factors in depth and from the consumer's point of view. This study was intended to further illuminate these considerations, generate hypotheses about non-purchasing decisions, and inform the...
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Guided by decision-making in families theory, the current study investigated the role of spousal decision-making processes on purchasing long-term care insurance (LTCI) behavior using a sample of married women (N = 292) and men (N = 277) who were not married to each other. Spousal consensus regarding LTCI as a solution to the risk of long-term care (LTC) and spousal consensus regarding affordab...
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The goal of this project is to develop and estimate realistic models of family decision making concerning long-term care of elderly parents. My theoretical and empirical models are rich in the sense that family members face a wide range of options including nursing home care, formal care provided in the elderly individuals home (home health care), informal care, and no care. Despite the rich s...
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Long term care is a relatively new employee benefit issue and was virtually unheard of two years ago. Long term care plans have been implemented in a handful of companies and government retirement systems. Long term care has become an employee benefits issue because of the growing awareness of the risks of long term care to the elderly and the costs of long term care. Long term care benefit pla...
متن کاملQuality and consumer decision making in the market for health insurance and health care services.
This article reviews the literature relating quality to consumer choice of health plan or health care provider. Evidence suggests that consumers tend to choose better performing health plans and providers and are responsive to initiatives that provide quality information. The response to quality and quality information differs significantly among consumers and across population subgroups. As su...
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ژورنال
عنوان ژورنال: The Journals of Gerontology: Series B
سال: 2017
ISSN: 1079-5014,1758-5368
DOI: 10.1093/geronb/gbx059