scholarly journals Changing Location and Service Area of Day Service Centers after the Introduction of the Long-term Care Insurance System

2004 ◽  
Vol 77 (7) ◽  
pp. 503-518 ◽  
Author(s):  
Teruo HATAKEYAMA
Keyword(s):  
Long Term Care ◽  
Service Area ◽  
Term Care ◽  
Insurance System ◽  
Long Term Care Insurance

Willingness to Pay for Long-term Care Insurance System in a Municipality in Tokyo

1999 ◽  
Vol 11 (2) ◽  
pp. 101-108 ◽  
Author(s):  
Tsutomu Kitajima
Keyword(s):  
Willingness To Pay ◽  
Long Term Care ◽  
High Expectation ◽  
Term Care ◽  
Financial Responsibility ◽  
Insurance System ◽  
Long Term Care Insurance ◽  
The Mean ◽  
Japanese Yen

This study attempted to estimate the valuation of Long-term care (LTC) insurance system among the residents in a municipality in Tokyo by applying the Willingness to Pay (WTP) approach. The mean WTP for Group one (those aged 65 and over) and Group two (those aged between 40 and 64) was estimated to be 13, 305 Japanese Yen and 8, 722 Japanese Yen, respectively. Both amounts exceed the contribution estimated by the Ministry of Health and Welfare (2, 500 Japanese Yen). The result reflects a high expectation for the system especially among those in Group one. It also suggests that those in Group one may be able to shoulder more financial responsibility for the system. Further research on WTP for LTC insurance system is deemed beneficial for its successful management.

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