The Relationship between the Recognition on Long-term Care Insurance and the Old Life Preparation for People under 65
Title
The Relationship between the Recognition on Long-term Care Insurance and the Old Life Preparation for People under 65
Author(s)
권혁창
; 신혜리
; 김진수
Keyword
노인장기요양보험제도
; 국민노후보장패널조사(KReIS)
; 신체적 노후준비
; 정책지식
; Long Term Care Insurance
; Korean Retirement and Income Study
; Physical Preparation
; Policy Knowledge
Publication Year
2012-12-01
Publisher
Korea Institute for Health and Social Affairs
Citation
Health and Social Welfare Review Vol.32 No.4, pp.219-248
Abstract
This study examines whether the awareness of middle-aged Koreans under 65 about Long-term Care Insurance. The significance of this study lies in its contribution to charting the direction for developing Long-term Care Insurance. Using the data from the Korean Retirement and Income Study (KReIS), this study utilizes logistic regression and multiple regression analysis. The results of this study can be summarized as follows. First, education, economic activity, and income are positively associated with awareness about Long-term Care Insurance. Second, awareness about Long-term Care Insurance is associated with physical preparation for people under 65. This study has an important policy implication on information equality. Although policy knowledge is associated with physical preparedness for old-age, the primary beneficiaries for social welfare who are economically inactive with a lower education and lower income, are less likely to know the existence of Long-term Care Insurance. Thus, this study suggests the importance of education on policy knowledge for policy target population.