Objective: The paper attempts to test the financing level and sharing mechanism of long-term care insurance in Nanning city through empirical analysis, and to provide the theoretical basis for the full implementation of long-term care insurance. Methods: ILO financing model was used to measure the financing level of long-term care insurance in Nanning, and Eviews software was used to test the feasibility of individual responsibility sharing. Results: It was estimated that the proportion of employees’ long-term care insurance in Nanning was 0.17%, which was similar to the current proportion of 0.15%, therefore the calculation was to some extent reasonable. The proportion of employees’ total personal social security contributions was much lower than the maximum individual affordability, indicating that long-term care insurance is affordable for employees. Conclusion: Nanning long-term care insurance system needs to improve the top-level design from the legislative level, establish multiple financing sources with shared responsibility, and reasonably determine the financing level based on the specific situation of each region.
Key words
long-term care insurance /
ILO model /
level of funding /
social insurance
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