Private Capacity to Finance Long Term Care. A CONCEPTUAL APPROACH TO ASSESSING RESOURCES FOR FINANCING LONG-TERM CARE

03/01/1983

Any careful consideration of public participation in long-term care financing should consider the level of resources below which individuals are unable to provide care for themselves. This threshold depends not only on the income of the individual and/or his family, but also on savings and other assets held, other potential sources of help, the type of care required, and additional obligations of the family unit. Although such information could be gathered on all individuals, it is of most interest for those who are at risk of needing care.

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