- The Oxford Handbook of: Health Economics
- List of Figures
- List of Tables
- List of Boxes
- List of Contributors
- Health Systems in Industrialized Countries
- Health Systems in Low- and Middle-Income Countries
- The Political Economy of Health Care
- The Promise of Health: Evidence of the Impact of Health on Income and Well-Being
- Health Production
- Socioeconomic Status and Health: Dimensions and Mechanisms
- Determinants of Health in Childhood
- Economics of Infectious Diseases
- Economics of Health Behaviors and Addictions: Contemporary Issues and Policy Implications
- Economics and Mental Health: an International Perspective
- Public-Sector Health Care Financing
- Voluntary Private Health Insurance
- Health Care Cost Growth
- User Charges
- Insurance and the Demand for Medical Care
- Guaranteed Access to Affordable Coverage in Individual Health Insurance Markets
- Managed Care
- Hospitals: Teaming Up
- Primary Care
- The Global Health Workforce
- The Economics of the Biopharmaceutical Industry
- Disease Prevention, Health Care, and Economics
- Long-Term Care
- Physician Agency and Payment for Primary Medical Care
- Provider Payment and Incentives
- Non-Price Rationing and Waiting Times
- Increasing Competition Between Providers in Health Care Markets: The Economic Evidence
- Measuring Organizational Performance
- Health System Productivity
- The Methods of Cost-Effectiveness Analysis to Inform Decisions about the Use of Health Care Interventions and Programs
- Analyzing Uncertainty in Cost-effectiveness For Decision-making
- Health Utility Measurement
- Concepts of Equity and Fairness in Health and Health Care
- Measuring inequality and Inequity in Health and Health Care
- Inter-Generational Aspects of Health Care
- Econometric Evaluation of Health Policies
- Health Economics and Policy: the Challenges of Proselytizing
Abstract and Keywords
This article considers the very different context of long-term care (LTC), where the care team often combines formal and informal workers. It focuses on the economics of LTC and in particular on issues such as the organizing and delivery of care and support to meet the significant future growth in demand for LTC. It discusses rapidly growing demand for LTC and resulting pressures on public finances. It means that governments across the globe are increasingly recognizing the need to get a better understanding of financing and allocating LTC resources, achieving individual and societal outcomes cost-effectively, and pursuing equity in the distribution of benefits and burdens. This article discusses provision, financing and governance, respectively and also mentions the consequences of aging populations on the need for and cost of LTC.
Jose-Luis Fernandez is Deputy Director at the Personal Social Services Research Unit, London School of Economics. A health and social care economist, Dr. Fernandez specializes in the analysis of funding systems, service productivities, and the interaction between health and social care. Other interests include the study of variability in local care services provision, and of equity and efficiency in the allocation of social services.
Julien Forder is Professor of the Economics of Social Policy and Deputy Director of Personal Social Services Research Unit at the University of Kent, a senior research fellow at the London School of Economics and a senior associate of the King's Fund. He is an economist and conducts research in social and health care.
Martin Knapp is Professor of Social Policy at the London School of Economics and Professor of Health Economics at King's College London, Institute of Psychiatry. He directs two research centers, and recently became inaugural Director of the new NIHR School for Social Care Research.
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