Project
A Funded Pillar in the German Publich Long-Term Care Insurance
Client: Federal Ministry of Health Affairs
Project period: August 2020 – October 2020
Research Areas:
Project period: August 2020 – October 2020
Research Areas:
Project team: Clemens Fuest, Christa Hainz, Volker Meier, Florian Dorn, in cooperation with Yannick Bury, Lars Feld, Daniel Nientiedt (all Walter Eucken Institut Freiburg), Hermann Buslei, Marcel Fratscher, Johannes Geyer, Peter Haan, Anna Hammerschmid, Mia Teschner (all DIW Berlin), Hubertus Bardt, Markus Demary, Michael Hüther, Susanna Kochskämper, Adriana Neligan und Jochen Pimpertz (all IW Köln), Ekkehart Reimer (Universität Heidelberg)
Tasks
Due to the ageing population, contribution rates to Germany`s public long-term care insurance are predicted to grow swiftly. Against this background, the project investigates whether contribution rates can be stabilized after 2040 by paying out subsidies. These subsidies would be financed by issuing debt, investing in the capital market and using the accumulated surplus. Moreover, organizational and law issues associated with such a policy are discussed.
Methods
The project analyzes a model specifying the demographic and economic development in Germany as well as morbidity rates and yield differentials between the capital market and government bonds. The accumulated debt will be repaid in full until 2060.
Monograph (Authorship)
Kapitalgedeckt finanzierte Pflegekosten - Machbarkeitsstudie
Hubertus Bardt, Yannick Bury, Hermann Buslei, Markus Demary, Florian Dorn, Lars Feld, Marcel Fratzscher, Clemens Fuest, Johannes Geyer, Peter Haan, Anna Hammerschmid, Michael Hüther, Susanna Kochskämper, Volker Meier, Adriana Neligan, Daniel Nientiedt, Mia Teschner, Jochen Pimpertz
Bundesministerium für Gesundheit, Berlin, 2020
Bundesministerium für Gesundheit, Berlin, 2020
Contact
