Universal Long-term Care Insurance Program: South Korea’s Experience
Tuesday, January 31, 201712:00 PM - 1:30 PM (Pacific)
Encina Hall, Third Floor, Central, C330
616 Jane Stanford Way, Stanford, CA 94305
South Korea, the most rapidly aging society in the world, introduced a public long-term care insurance (LTCI) program with universal coverage in 2008. This presentation will begin with the socioeconomic and political context of the introduction of the LTCI and explain the finance and provision of LTCI in Korea, compared to the LTCIs of Germany and Japan. It will provide recent evidence on the performance of the LTCI along with its prospects and lessons for other countries.