Financing Long-Term Care: A Framework for America
Article Publication Date
Summary
A new AAHSA report proposes that individuals and government share the burden of paying for long-term care costs. The final report recommends that the nation move away from Medicaid's welfare model of long-term care financing and adopt an insurance system that is funded by premiums, provides cash benefits so consumers have optimal flexibility in choosing care options, and offers as close to universal coverage as possible. Review the AAHSA Cabinet LTC Financing Strategy.
Topics
Types/Tools
Populations
Sources
American Association of Homes and Services for the Aging, AAHSA
Programs/Initiatives
States
Keywords
Insurance, Not Welfare; Universal Coverage; Broad-based Public Insurance; Premiums; Tax Incentives; Workable Publicly Offered Insurance Plan; The German Long-Term Care Insurance System;
Contact
Barbara
Manard
NULL
bmanard@aahsa.org
Phone
202-508-9435