TY - JOUR AU - Brown,Jeffrey AU - Finkelstein,Amy TI - Insuring Long Term Care In the US JF - National Bureau of Economic Research Working Paper Series VL - No. 17451 PY - 2011 Y2 - September 2011 UR - http://www.nber.org/papers/w17451 L1 - http://www.nber.org/papers/w17451.pdf N1 - Author contact info: Jeffrey R. Brown Department of Finance University of Illinois at Urbana-Champaign 515 East Gregory Drive Champaign, IL 61820 Tel: 217/333-3322 E-Mail: brownjr@illinois.edu Amy Finkelstein Department of Economics MIT E52-383B 50 Memorial Drive Cambridge, MA 02142 Tel: 617/253-4149 Fax: 617/868-2742 E-Mail: afink@mit.edu AB - Long-term care expenditures constitute one of the largest uninsured financial risks facing the elderly in the United States. This paper provides an overview of the economic and policy issues surrounding insuring long-term care expenditure risk. Through this lens we also discuss the likely impact of recent long-term care public policy initiatives at both the state and federal level. ER -