2020
DOI: 10.3390/healthcare8020126
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Does COVID-2019 have an Impact on the Purchase Intention of Commercial Long-Term Care Insurance among the Elderly in China?

Abstract: Purpose: As an important measure to alleviate long-term care (LTC) costs for the disabled due to the aging of the population, long-term care insurance (LTCI) system has been paid more attention in China. In addition to the government-led public LTCI system that has been piloted in cities such as Qingdao, Chongqing and Shanghai, health insurers such as the China Life Insurance Company are also experimenting with various types of commercial LTCI in the private market. However, the commercial LTCI market is devel… Show more

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Cited by 22 publications
(19 citation statements)
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“…Future studies must aim to capture these factors along with family and carer support available in their chosen environments. Funding for rehabilitation will also play an important role in recovery for COVID-19 patients [57].…”
Section: Discussionmentioning
confidence: 99%
“…Future studies must aim to capture these factors along with family and carer support available in their chosen environments. Funding for rehabilitation will also play an important role in recovery for COVID-19 patients [57].…”
Section: Discussionmentioning
confidence: 99%
“…With the emergence of this deadly virus, people are locked down wherever they are. It has caused people to lose their source of income [ 7 ], and they are lagging behind in the necessities of life [ 8 , 9 ]. Hence, social distancing, as a key prevention method to stay away from this virus, has further damaged their emotions [ 10 ].…”
Section: Introductionmentioning
confidence: 99%
“…A survey conducted in the Chinese population [55] showed an increase in long-term care insurance (LTCI) purchase intentions from elderly people from 25% to 38% after the COVID-2019 epidemic as an indirect demonstration of an increased perception that the end of life is approaching. These data were particularly marked for people with initial forms of cognitive impairment, who had received the diagnosis in recent times and -because of such diagnosis-had already modi ed their lifestyle and for whom the COVID-19 effect represented a further rapid phase of decline.…”
Section: Impact Of Covid-19 On Psychiatric Health Of Patients With Comentioning
confidence: 99%
“…Work produced in the early stages of the infection in India that denounces an unpreparedness to face the psychological consequences of the pandemic and lockdown in India, which can be aggravated by the stigma of the disease [54] Xu X Survey In an elderly population in China 25.8% of interviewees showed purchase [55] intention in long-term care insurance (LTCI) in the time before the COVID-2019 outbreak, while this proportion increased to 37.6% after the COVID-2019 outbreak. The emergency had led to an increased concern for death in the elderly population Zhu J Survey Survey conducted in Gansu, China, including 79 doctors and 86 nurses that demonstrated a prevalence of anxiety of 11% and depression of 46% in doctors and 28% and 43.0% in nurses.…”
Section: Reviewmentioning
confidence: 99%