The purpose of this report is to attempt to isolate the independent effect of LTC insurance on patterns of formal and informal caregiving. This will be done through the use of multivariate analytic techniques. Key differences between the privately insured and non-privately insured that warrant further exploration include the following:
On average disabled individuals with private LTC insurance received many more hours of ADL and IADL care each week compared to those without private insurance -- 65 hours compared to 51 hours;
Privately insured disabled elders are much less likely to use Medicare funded services than are disabled elders without insurance -- 6% compared to 29%;
Privately insured disabled individuals are more likely to report having undermet ADL needs than are uninsured disabled elders -- 25% compared to 17%.
While all of these bivariate results were found to be statistically significant, in the absence of other controls, one cannot attribute the differences to the presence of insurance. In the analyses that follow, we employ multivariate analytic techniques to do so. We also analyze the underlying dimensions of satisfaction that are related to the claimant's evaluation of the insurance policy.