Im Rahmen des Forschungsseminar Aktuarwissenschaften trägt Prof. Peter Zweifel von der Universität Zürich 

am 09.03.2026 um 14 Uhr 

in der Helmholtzstrasse 18, Raum 220

zu dem Thema "Multiple subsidization of long-term care: the case of China” vor. Diese Arbeit ist mit Xian Xu erstellt worden. 

Abstract: 

In China, the financing of long-term (LTC) services comes from three different sources: social insurance, the community of residence, and the central government. Two important objectives of public policy are to encourage the purchase of long-term care (LTC) insurance and to lower the demand for costly nursing home care. Both objectives may benefit from parents´ altruism toward their children and children´s altruism toward their parents (known as filial piety). Still, in the behavioral model presented here, intergenerational moral hazard is found to potentially undermine these objectives: The parent is predicted to reduce LTC insurance coverage in response to the child´s caring effort, while the child lowers her effort in response to the parent´s LTC insurance coverage. In addition, increases in the subsidies distinguished are found to foster care provided by the child but to potentially undermine the demand for LTC insurance coverage, creating scope for cost shifting between the subsidizing authorities – as problem known in other countries as well.