Long-term care

Nursing Homes in Equilibrium: Implications for Long-term Care Policies

• January 11, 2021
• Susan Barnes
• Long-term care, Medicaid

We build an equilibrium model of the market for nursing home care with decision-makers on both sides of the market. The nursing home demand arises as a result of stochastic dynamic optimizations by households heterogeneous in age, health, wealth; and…

The Lifetime Risk of Spousal Nursing Home Use and its Economic Impact on the Community-Dwelling Spouse

• December 16, 2020
• Susan Barnes
• Financial well-being, Health and Retirement Study, Long-term care

A single person in a nursing home is relatively well protected financially, because Medicaid covers nursing home expenses once assets are depleted. Couples, however, are less well protected. For them a great financial threat is that one spouse moves to…

The Growth and Geographical Variation of Nursing Home Self-Pay Prices

• November 20, 2019
• Susan Barnes
• Long-term care, Medicaid, Medicare, retirement savings

Nursing Homes in Equilibrium: Implications for Long-term Care Policies

• November 4, 2019
• Susan Barnes
• Health and Retirement Study, Long-term care

Long-term care is one of the most significant risks Americans face in late life. About a third of Americans older than age 70 need help with Activities of Daily Living, requiring either a nursing home or community- and home-based care.…

The Growth and Geographical Variation of Nursing Home Self-Pay Prices

• September 12, 2019
• Susan Barnes
• Financial well-being, Long-term care, Medicaid

Nursing home care is arguably the largest financial risk for the elderly without private or social insurance coverage. The annual out-of-pocket expenditure can easily exceed $70,000. Despite the substantial financial burdens on the elderly, the understanding of nursing home self-pay…

2018 Key Findings

• July 15, 2019
• Susan Barnes
• Administrative data link, Affordable Care Act, Behavioral economics, benefit claiming, Cognition, Financial well-being, Health and Retirement Study, Health reform, International, Labor force participation, Labor Supply, Life-cycle model, Long-term care, Medicaid, Medicare, Mortality trends, OASDI trust funds, Older workers, Payroll taxes, pensions, Program interaction, retirement savings, Second career, Social Security, Social Security program communications, Social Security reform, Social Security spousal benefits, Supplemental Security Income, Totalization, Veterans

Caregiving and Work: The Relationship between Labor Market Attachment and Parental Caregiving

• June 14, 2018
• Family dynamics, Health and Retirement Study, Long-term care

Caregiving and Work: The Relationship between Labor Market Attachment and Parental Caregiving

• June 14, 2018
• Family dynamics, Health and Retirement Study, Long-term care

There has been much concern over the provision of long-term care and the stresses it imposes on the family members who provide that care. However, despite the importance of this issue, it has been difficult to assess a causal relationship…

Narrow Framing and Long-Term Care Insurance

• June 14, 2018
• Health and Retirement Study, Long-term care

We propose a model of narrow framing in insurance and test it using data from a new module we designed and fielded in the Health and Retirement Study. We show that respondents subject to narrow framing are substantially less likely…

Narrow Framing and Long-Term Care Insurance

• June 14, 2018
• Health and Retirement Study, Long-term care