Long-term care financing and policy: Insights from a pilot program in China

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This project aims to advance global knowledge and policy development around long-term care (LTC) provision by undertaking a comprehensive assessment of alternative funding and provision mechanisms. Drawing on a unique pilot of LTC delivery in China, the project aims to estimate and assess LTC cost and usage, and link this with international experience to quantify the impacts of alternative policy structures. Through methodological advances designed to incorporate the real-time data made available under the pilot, this project aims to deliver significantly improved projections of LTC usage and costs that will be important to governments and the insurance industry, globally. Leveraging a strong partnership between Australian and Chinese researchers, it aims to provide the evidence base needed for policy and industry planning in China, and to advance global knowledge to deal with this challenge.