The ageing of the European population brings new financial risks that call for state, market and societal responses. In 2011, the first baby-boom generation is turning 65, and forecasts predict that the size of the old-age population in need of long-term care will double in the next 50 years in Europe. However, how different countries are responding to the challenge of financing long-term care is still a question open to further examination, including the role of market development, changing intergenerational contracts and especially the constraints of state intervention. Growing long-term care needs in several European countries as well as the reshaping of traditional modes of care-giving further increase the pressure for sustainable funding of more comprehensive long-term care systems. This book examines different forms of partnership and the potential cooperation of state, market and societal stakeholders. It not only offers a full understanding of the institutional responses and mechanisms in place for financing old age but also provides a deep analysis of both the demand and supply factors underpinning the development of financial instruments to cover long-term care needs in Europe.
Introduction -- Financing Long-Term Care: New and Unresolved Questions; J.Costa-Font & C.Courbage Typology of Public Coverage for Long-Term Care in OECD Countries; F.Colombo Long-Term Care Insurance Puzzle; P.Pestieau & G.Ponthiere Long-Term Care Insurance: Building Successful Developments; P-Y.Le Corre Housing Wealth as Self-Insurance for Long-Term Care; A.Laferrere Long-Term Care Insurance: Partnership or Crowding Out?; J.Costa-Font & C.Courbage Long-Term Care Insurance in the Netherlands; F.T.Schut & B.van den Berg Financing Long-Term Care in France; C.Courbage & M.Plisson From Commission to Commission: Financing Long-Term Care in England; A.Comas-Herrera, R.Wittenberg & L.Pickard Financing Long-Term Care in Southwest Europe: Italy, Portugal and Spain; J.Costa-Font, C.Gori & S.Santana Long-Term Care Financing in Austria; B.Trukeschitz & U.Schneider Financing Long-Term Care in Germany; A.Zuchandke, S.Reddemann & S.Krummaker Long-Term Care Financing in Central Eastern Europe; A.Osterle Scandinavian Long-Term Care Financing; M.Karlsson, T.Iversen & H.A ien Long-Term Care Financing in Switzerland; F.Weaver Long-Term Care Financing in Belgium; P.Willeme, J.Geerts, B.Cantillon & N.Mussche