Research On The Funding Level Based On Elderly Long-term Care Insurance System Design In Shanxi Province

According to the ministry of civil affairs Bulletin of social service development in our country by the end of 2016,the country's 65 years old and above is 10.8% of the population.According to the traditional standards of the United Nations,China's aging population situation is very serious,the situation is same here in Shanxi Province.Large elderly population and fast growth in our province is serious,with gradually showed a trend of aging and empty-nested.The quantity of disabled elders is increasing year by year.The need to take care of the disability,half failed old people in our province make up 19.1% of the elderly population in our province,and the proportion will continue to grow.With aging population,urbanization and family miniaturization,etc.,the elderly demand and related funding needs is more and more intense,including daily life care,rehabilitation care and long-term care services.The care economic pressure is also more and more heavy,our province carries out the elderly long-term care insurance system is the trend of The Times.The main content of this article is research on the funding level based on elderly long-term care insurance system design in Shanxi Province.Based on the theory of social insurance liability,welfare pluralism,supply and demand equilibrium,combined with the actual situation in Shanxi Province,and according to the system design principle and concept of Shanxi Province elderly long-term care insurance fund-raising system,pay system and supporting system has carried on the preliminary design.As scientific and reasonable level of financing is the key to the normal operation of the elderly long-term care insurance,this paper adopts the ILO modeling ideas,through a fund transverse balance method to construct cost and revenue model,calculate the elderly long-term care insurance contribution rate of Shanxi Province,and analyze the funding levels of fund-raising subjects.In addition,four suggestions are proposed for the appropriate level of funding,including the diversification of fund-raising subjects and channels,increasing government financial support,optimizing the rate structure,and establishing an evaluation system for the implementation of the system.It is expected to provide a reference for the construction of the elderly long-term care insurance system in Shanxi Province.In order to relieve the economic pressure of disabled elderly people's long-term care and convert the potential care needs of disabled elderly people into effectivedemand,Shanxi Province urgently needs to establish a long-term care insurance system for the elderly.It is hoped that the study of this article can further trigger more discussion on the establishment of an elderly long-term care insurance system,so that older people can lead a happier life in their old age.