Insurance Markets for the Elderly
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.
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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