Financing Mechanism for Social Long-Term Care Insurance: A Theoretical Analysis Framework
International Journal of Economics, Finance and Management Sciences
Volume 8, Issue 1, February 2020, Pages: 39-48
Received: Jan. 13, 2020;
Accepted: Jan. 31, 2020;
Published: Feb. 13, 2020
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Sun Jie, Social Security, School of Insurance and Economics, University of International Business and Economics, Beijing, China
Hu Xinyi, Science of Finance, School of Insurance and Economics, University of International Business and Economics, Beijing, China
Jiang Yuezhu, Labor Economics, School of Insurance and Economics, University of International Business and Economics, Beijing, China
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The financing mechanism is an important component of social long-term care insurance, its stability and sustainability have a vital significance in keeping the healthy and efficient operation of social long-term care insurance. In order to carry out an in-depth study on the financing mechanism of social long-term care insurance, this article makes an analysis of each of the links and key points involved in the financing in accordance with the whole process of the social long-term care insurance financing and on the basis of summarizing the existing literature regarding the definition and connotation of the financing mechanism of social long-term care insurance. On such basis, it establishes the financing mechanism element framework of social long-term care insurance, by which it then explores the practices and experiences of the typical countries with social long-term care insurance and the advanced areas of China. Finally, in view of the common points and reform tendency of the construction of foreign countries’ social long-term care insurance financing mechanism, this paper puts forward some policy suggestions for the construction of China’s social long-term care insurance financing mechanism.
Social Long-term Care Insurance, Financing Mechanism, Financing Elements
To cite this article
Financing Mechanism for Social Long-Term Care Insurance: A Theoretical Analysis Framework, International Journal of Economics, Finance and Management Sciences.
Vol. 8, No. 1,
2020, pp. 39-48.
Copyright © 2020 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/
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