Search Tag: long-term care

2024 30 May

  Public long-term care (LTC) spending, currently averaging 1.7% of GDP across OECD countries, is projected to double by 2060 due to ageing populations. In the U.S. and Germany, about 70% of LTC recipients rely on informal family care, which often conflicts with workforce participation and incurs significant opportunity costs. A recent paper published...Read more