China To Carry Out The Commercial Long-term Care Insurance

Long-Term Care Insurance(LTCI) is to offer more or less economic safeguard for the weak, the disabled insured ( most of them are old people), it is also an effective and necessary approach to be against long-term care risk. This insurance coverage happened with the increasingly aged society with more than 20 years history abroad. At present, there is still not matured long-term care product in our country, but with the increasing of old population, the society appeals to the early launch of long-term care insurance products.Our country has entered complete aged society since 2000. As the first country of population, aging situation is very serious and urgent. Owing to the change of family structure and weakening of family caring function, the caring for the old who is ill or who loses self-caring ability has become a very serious issue, so the call for LTCI sounds urgent. However our country is still a developing one with lower per capita GDP and imperfect social Endowment Insurance and Health Care Insurance, it is not right for LTCI as imperative social insurance. Currently our task is to continue probing and to develop it as an profitable commercial insurance under the condition of market-oriented economy, and finally to prepare for the extensive adoption nationwide.Based on the aging situation and unbalance economic development, commercial insurance companies should wage the LTCI with clear objectives regionally and gradually. For example, additional coverage is prior to major coverage in the form of insurance; developed areas are prior to others in marketing; basin safeguard is prior to complete guarantee in insurance extent; pure single insurance policy is prior to double-round or investment insurance policies in the form of policy etc.. As for the operating entity, supervising authorities can regulated that the special health insurance company may specialize in LTCI products; in the future, commercial care insurance products will improve it after the appearance of social care insurance, the consistence of them will speed up the development of LTCI.There are some problems encountered to develop LTCI at present, not lonely in exterior market environment, but also in the insurance demand and the insurance supply. Such question is analyzed at the end of this thesis with some countermeasures and suggestions for reference.The last is about research approach: first is the quantitative and qualitative method, which is used to illustrate the urgency and necessity for long-term care insurance in our country through analysis on relative data. Then is the comparative analysis. Comparison...