The system effect and group benefit equity of long-term care insurance from the perspective of short-term policy pilot

The results regarding group benefit equity show that the LTCI policy pilot can improve the equity of medical consumption and disability-related health among groups; however, over time, it may exacerbate the inequality of medical consumption and disability-related health among disabled older adults in the treatment group. Based on this, the study finds that the LTCI policy pilot has effects on medical consumption and disability-related health for disabled older adults, primarily driven by the moral hazard associated with the assessed individuals obtaining LTCI treatment due to the short-term policy pilot.