Impact of Long-Term Care Insurance on Carers in China
Author Information
Author(s): Yang Wei, Pei Xingtong, Xu Mingming
Primary Institution: King’s College London
Hypothesis
Does long-term care insurance improve labor market participation for informal carers in China?
Conclusion
Long-term care insurance significantly reduces the burden on informal carers and increases their participation in the labor market.
Supporting Evidence
- LTCI reduced care burden among spouses by 8.5 hours per month.
- Average income increase for younger household members was 4,534 yuan per year.
- LTCI primarily benefits informal carers caring for older people with low income.
Takeaway
Long-term care insurance helps people who take care of others to work more by making their caregiving easier.
Methodology
The study used a staggered difference-in-differences model with propensity score matching based on data from the China Health and Retirement Longitudinal Study.
Limitations
Limited evidence on specific carers most impacted by long-term care insurance.
Participant Demographics
Informal carers, particularly spouses and younger household members, with a focus on those caring for older individuals with low income.
Digital Object Identifier (DOI)
Want to read the original?
Access the complete publication on the publisher's website