Wednesday, February 3, 2016

New Report on Financing Long Term Care

Lilly Hummel

The Bipartisan Policy Center (BPC) released a report this week, “Initial Recommendations to Improve the Financing of Long-Term Care.” BPC’s Long-Term Care Initiative formulated a number of recommendations to attempt to address the sustainability of financing long-term services and supports (LTSS).

These recommendations cover issues including:
  • Increasing the Availability and Affordability of Private Long-Term Care Insurance to Extend Existing Resources
  • Expanding Options at Home and in the Community for Older Americans and Individuals with Disabilities under Medicaid
  • New Option for Working Individuals with Disabilities
  • Addressing the Needs of Americans with Significant LTSS Needs
In late 2016 or early 2017, BPC will release additional recommendations for new approaches to finance LTSS, to reform LTSS delivery, and to improve integration of care for persons with multiple chronic conditions and functional limitations.

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