general public

Long-term care insurance for the elderly will become a serious social problem as the society is aging rapidly. The primary purpose of this http://turkishnewyork.com research is to ck women’s underwears examine how much the general public knows about the long-term care insurance, which can provide evidence useful for the government in developing and implementing policies that prompt the buildup of long-term care system. By emphasizing on the future demand analysis of long-term care insurance, we also intend to provide valuable evidence for the life insurance industry in the development and marketing of the long-term care insurance. This article is based on a survey of residents who have purchased life insurance from three social-economically representative regions of Jiangsu province: Su Zhou, Yang Zhou and Huai A. Data are processed using the cheap moncler jackets SPSS software and a Logit model is estimated. Our http://lounge.cigarfamily.com basic findings include:1) The general public has reached a high degree of consensus on the emerging issue of aging society and its economic consequence to individuals, households and the society as a whole. However, the general public has very limited knowledge about the long-term care insurance.2) Almost 50% of the surveyed agreed upon this: If the Chinese government plans to adopt a national long-term cheap nfl jerseys care system in the future, the system should be funded through individual long-term care insurance accounts.3) The majority of the respondents are willing to fund the individual long-term care by purchasing commercial insurance and saving money in bankaccounts.4) An individual’s willingness to purchase long-term care insurance mainly depends on the individual’s http://www.angelsfrag.com/forums profession and education. Other factors include current housing conditions and monthly living expenditures, etc.5) Most of those who are willing to purchase long-term care insurance agreed chi hair straightener on this: the best long-term care insurance should be funded by individual with one primary beneficiary; the reasonable and affordable long-term care insurance premium should be less than 1000 RMB per year.6) Three reasons why people are not willing to purchase long-term care insurance in the order of its popularity (with the first being the most popular): First: no need to purchase long-term care insurance if one has been covered by social insurance; Second: no need to purchase long-term care insurance if one has had medical insurance or terminal illnesses insurance; Third: can not afford it .