Today, the Long-Term Financing Collaborative (LTCFC) released their final report: A Consensus Framework for Long-Term Care Financing Reform.
The proposals released today includes:
- Clear private and public roles for long-term care financing
- A new universal catastrophic long-term care insurance program
- Redefining Medicaid LTSS
- Encouraging private long-term care insurance initiatives
- Increasing retirement savings and improving public education
LTCFC is a diverse group of policy experts and stakeholders from across the political spectrum. Since its first meeting in 2012, LTCFC has envisioned a public and private insurance-based financing system that would allow everyone to receive high quality LTSS. LTCFC is a project of Convergence Center for Policy Resolution.
LTQA live tweeted the release event. Check out #LTCFinancing to see highlights and to keep up with related news and events.