Compulsory long-term care insurance introduced in Germany on January 1, 1995, to cover the costs of frailness in later days. Long-term care insurance is now a major parafiscal fund, the budgetary development of which is reported on an ongoing basis in the Statistical Section of the respective Monthly Report of the Deutsche Bundesbank, under the heading “Public Finances in Germany. – Cf. the Deutsche Bundesbank’s Monthly Report of April 2007, pp. 29 ff. (with important overviews, also on legal circumstances), the Deutsche Bundesbank’s Monthly Report of December 2008, pp. 12 f. (key data on long-term care insurance; overview), the Deutsche Bundesbank’s Monthly Report of December 2009, p. 11 (Deficits in long-term care insurance; overview), BaFin Annual Report 2013, p. 127 f. (Reforms through the Nursing Care Realignment Act [PNG]; Surplus Ordinance [ÜbschV] sets addition rate).
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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