February 22, 2016 – The Long-Term Care Financing Collaborative (LTCFC), a diverse group of policy experts and stakeholders from across the political spectrum, is proposing major changes in the way long-term care is financed and delivered in the US. Download the press release here.
In its report released February 22, the Collaborative recommends a broad package of reforms aimed at empowering people of all incomes to receive high-quality long-term services and supports. Download the full report below:
The Collaborative proposes:
- Clear private and public roles for long-term care financing.
- A new universal catastrophic long-term care insurance program. This would shift today’s welfare-based system to an insurance model.
- Redefining Medicaid LTSS to empower greater autonomy and choice in services and settings.
- Encouraging private long-term care insurance initiatives to lower cost and increase enrollment.
- Increasing retirement savings and improving public education on long-term care costs and needs.
Today’s report expands on the Collaborative’s July 2015 recommendations for improving delivery of long-term care, proposing steps to better coordinate LTSS and medical care, and strengthening support for the family members and communities that provide most assistance for those with long-term care needs. Download these reports along with quotes from Collaborative members below:
The Collaborative is a project of Convergence Center for Policy Resolution. For questions about the Collaborative or the reports published here, please contact Susan Jerison at email@example.com.