6533b7d8fe1ef96bd126a4b7

RESEARCH PRODUCT

Quasi-markets Targets and the Evaluation of Nursing-home Funding in the Valencian Region

Rafael GranellMaria Angeles TortosaAmadeo Fuenmayor

subject

Economics and EconometricsHospitalització domiciliàriamedia_common.quotation_subjectFunding MechanismValencianPersonal sanitari03 medical and health sciences050602 political science & public administrationmedia_commonActuarial sciencePublic economics030503 health policy & services05 social sciencesFreedom of choiceEquity (finance)Subsidylanguage.human_language0506 political scienceVoucherLong-term careCashlanguageBusiness0305 other medical scienceFinance

description

EnglishSpanish long term care is in danger, therefore we propose a change in the nursing home funding system. We use as an example the extremely complex nursing home financing system of Valencian Region. In this region, there are many funding mechanisms: two types of public subsidies, two different accessibility plans, a voucher scheme and a cash benefit approach related to residential service. We evaluate these methods through the quasi-market theory. We find that these approaches have negative impact on equity, efficiency and freedom of choice and we propose a new, homogeneous financing method for all nursing homes through voucher. EnglishLong term care, nursing homes, quasi-markets, vouchers

https://doi.org/10.7866/hpe-rpe.16.1.1