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ILC Analyzes History of Japanese and German National LTC Insurance

Wed, 05/03/2000 - 12:00am — Karen Stevenson
Description: 

The International Longevity Center-USA (ILC-USA) has published research reports about the development of mandatory national long term care insurance programs in Japan and German. These reports describe the types of long term care problems these countries were facing, and the evolution the national long term care insurance programs that were developed to deal with these problems.

A number of interesting and unexpected problems emerged during the process. For instance, Germany created a long term care insurance program which was to be partially funded by employers. To get the support of employers needed for the passage of the program, one national holiday had to be eliminated so that employers could redirect the money they had been spending on holiday pay to the new long term care benefit for their employees.

The International Longevity Center-USA (ILC-USA) has published research reports about the development of mandatory national long term care insurance programs in Japan and German. These reports describe the types of long term care problems these countries were facing, and the evolution the national long term care insurance programs that were developed to deal with these problems.

A number of interesting and unexpected problems emerged during the process. For instance, Germany created a long term care insurance program which was to be partially funded by employers. To get the support of employers needed for the passage of the program, one national holiday had to be eliminated so that employers could redirect the money they had been spending on holiday pay to the new long term care benefit for their employees.