The impact of a long-term care information campaign on insurance coverage.
| Year of Publication |
2023
|
|---|---|
| Author | |
| Journal |
Journal of Health Economics
|
| Volume |
92
|
| Number of Pages |
102822
|
| ISSN Number |
1879-1646
|
| Abstract |
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. |
| DOI |
10.1016/j.jhealeco.2023.102822
|
| PMID |
37804552
|
| Download citation |