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Overview
of Research
More and more elders and their family members as well as state
and federal governments are making decisions about the use
of public and private resources to pay for long term care
with significant implications for financial security. My research
contributes an understanding of how long term care policies
and practices impact individual and family economic well-being
and decision making, a critical vantage point often missing
in existing research.
My most recent
research focuses on examining individual and family level
long-term care risk management decision making processes and
outcomes. Long term care can threaten the financial security
of individuals and their family members. One risk management
strategy is to purchase long term care insurance, either as
an individual or as an employee benefit. Long term care insurance
was recently offered for the first time to individuals eligible
for State of Minnesota employee benefits. Very little, however,
is known about how employees of all ages actually go about
making decisions when offered long term care insurance. Even
less is known about couple-level decision making processes.
This study addresses the gaps in what is known about long
term care insurance decision making processes and outcomes.
For a more in-depth description of the project and to find
an Executive Summary of the project click
here.
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