Faculty Advisor

Mistry, Jamshed J.

Faculty Advisor

Noonan, Francis

Abstract

This project examines the efficacy of a Long-Term Care (LTC) simulation model in aiding people on quantitative basis to make purchasing decisions. Working from literature, interviews, and surveys we will describe how the Model is built, its use in purchasing. LTC insurance and its impact on consumers' decision-making. We will assess: 1) how LTC simulation model affects purchasing decision-making, and 2) the utility of the LTC model in helping consumers make decision to minimize possible future LTC cost.

Publisher

Worcester Polytechnic Institute

Date Accepted

January 2003

Project Type

Interactive Qualifying Project

Accessibility

Restricted-WPI community only

Advisor Department

Business

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