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Insurance Markets for the Elderly

Hanming Fang

NBER Working Paper No. 20549
Issued in October 2014
NBER Program(s):Aging, Health Economics, Public Economics

We describe the risks faced by the ageing population and survey the corresponding insurance markets for these risks. We focus on income risk, health expenditure risk, long-term care expenditure risk and mortality risk. We also discuss the interactions between social insurance and private insurance markets.

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Document Object Identifier (DOI): 10.3386/w20549

Published: Insurance Markets for the Elderly, in Handbook of the Economics of Population Ageing , Volume 1A, Chapter 5, p. 237-309, edited by John Piggott and Alan Woodland, November 2016.

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