Research On The Financing Model Of Long-term Care Insurance In My Country

With the aging population in China becoming more and more severe,the demand for long-term care for the elderly has increased dramatically.It is urgent to establish a long-term care insurance system to cope with these risks.Based on the characteristics of China's economic development and the trend of aging,this paper adopts a variety of research methods,and takes the long-term care insurance financing model as the main line of research.Discussing from the definition of the concept of long-term care insurance financing model,the status of China's long-term care insurance financing and the problems faced,the reference of foreign long-term care insurance financing model and the construction of a comprehensive long-term care insurance financing model.First of all,this paper defines the related concepts of the long-term care insurance financing model by combining the long-term care insurance system and the financing model.Using Maslow's hierarchy of needs theory,welfare pluralism theory,and social welfare policy theory to clarify the theoretical basis of the long-term care insurance financing model.Secondly,starting from the pilot test cities of Qingdao,Nantong and Shanghai,the paper analyzes the financing models of the three cities.Through research and summarizing the relevant experience of each pilot test city financing practice,it is found that there is a lack of support for the long-term care insurance system,the lack of full coverage of the insured,the over-reliance on medical insurance and the unclear division of financing responsibility.Thirdly,this paper introduces the practical experience of long-term care insurance financing model in Germany,Japan,Korea and the United States,and summarizes the generalized implications of foreign long-term care insurance for China: Strengthening the construction of long-term care insurance legal system,expanding the scope of long-term care insurance coverage,and establishing Multi-funding channels and responsibility sharing mechanisms to accelerate the development of long-term care commercial insurance.Finally,this paper proposes to improve the model of long-term care insurance financing in China: By improving relevant laws,expanding the coverage of long-term care insurance,and including rural population and retirees in the scope of long-term care insurance.Construct the “multi-level” long-term care insurance financing model,including the “three-way co-pay” financing model,the financing model allocated by the personal account fund balance in medical insurance,and the “personal purchase +financial support” financing model.Introducing social capital and non-tax revenues to enrich the pool of long-term care insurance funds.