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Long-term Care Service Policy and Welfare Technology in South Korea : How Does Long-term Care Insurance Restrict the Quasi-Market for Welfare Technology?

Soo Wan Kim 1 Jong Hyug Choi 1

1강남대학교

Accredited

ABSTRACT

This study aimed to analyze the characteristics and problems of the quasi-market for welfare technology in the long-term care service area in South Korea. The qualitative interviews to the developers of welfare technology were conducted. The main results are as follows. First, the long-term care insurance (LTC) in South Korea has helped to create the limited amount of the effective demands for welfare equipments with low technology. Second, the systemic features of the LTC, however, have constraint the quantitative expansion as well as qualitative growth of the quasi-market for welfare technology. The low level of financial support combined with strict regulations has obstructed qualitative competition in the market. Third, they tend to develop the standardized and minimum welfare equipments for the serious needy for long-term care instead of welfare technology promoting independency of the elderly. Based on the results, this study provided the predictions for the growth of welfare technology and suggested some policy implications.

Citation status

* References for papers published after 2022 are currently being built.