%0 Journal Article %J Journal of Consumer Affairs %D 2001 %T Giving Incentives of Adult Children Who Care for Disabled Parents %A Shelley I. White-Means %A Gong-Soog Hong %K Adult children %K Demographics %K Employment and Labor Force %K Health Conditions and Status %K Net Worth and Assets %X What motivates adult children in the United States to care for their disabled parents? This paper examines whether altruism and bequest motives influence adult childrens decisions about giving time to care for a disabled parent, giving financial resources, and giving future financial resources. Further, the paper examines the ways these different forms of giving affect caregivers' overall well-being, financial, family life, and life satisfaction. Using data from the 1992 Health and Retirement Study, we find that bequest incentives, noneconomicllly motivated altruism, the type of disability faced by the parent, and considerations of opportunity cost are key factors. They influence adult childrens decisions about employment, giving time, and giving money to support disabled parents. General well-being, financial and family life satisfaction are lower when adult children risk long term income resources by decreasing labor market participation. Giving money increases family life satisfaction for adult children who care for parents who have cognitive limitations. While giving time to care for disabled parents increases financial satisfaction among adult children, it decreases their family life satisfaction. %B Journal of Consumer Affairs %I 35 %V 35 %P 364-389 %G eng %N 2 %L pubs_2001_White-Means_SJConsAff.pdf %4 Altruism/Bequests/Family transfers, structure/Economic Status/Labor/Basic Demographics/Health Status %$ 8562 %R 10.1111/j.1745-6606.2001.tb00119.x %0 Journal Article %J Journal of Consumer Affairs %D 1999 %T Consumer Preferences for Health Care Reform Options %A Gong-Soog Hong %A Shelley I. White-Means %K Consumption and Savings %K Health Conditions and Status %K Healthcare %K Net Worth and Assets %K Public Policy %X This study uses the 1992 Health and Retirement Study to examine consumer preferences for four health care reform options: tax-financed national health insurance, personally subsidized Medicare extensions, publicly subsidized nursing home insurance, and tax credits for health insurance purchases. Males, non-Caucasians, the self-employed, those in excellent health, and those who reside in the Northeast favor national health insurance, while those with high levels of liquid and non-liquid assets tend to disfavor it. Males and those with higher expectations of living in nursing homes tend to favor personally subsidized Medicare extensions to cover nursing homes and home health care. Those with higher expectations of living in nursing homes also favor publicly subsidized nursing home insurance. Relatively little support for subsidized nursing home insurance is found among males and those with high levels of liquid and non-liquid assets. The self-employed tend to support tax credits for health insurance premiums. %B Journal of Consumer Affairs %I 33 %V 33 %P 237-53 %G eng %U https://www.jstor.org/stable/23859957?seq=1#page_scan_tab_contents %N 2 %L pubs_1999_Hong_GJConsAff.pdf %4 Health Policy/Nursing Homes/Tax Policy/Health Production--Nutrition, Mortality, Morbidity, Disability, and Economic Behavior/Consumer Economics: Empirical Analysis/Consumer Economics: Empirical Analysis/Net Worth %$ 1002