Today, LeadingAge released its 2016 Pathways Report: Perspectives on the Challenges of Financing Long-Term Services and Supports. The report is based on research, discussions, and modeling work and finds that the nation’s current LTSS financing methods are unsustainable, irrational, and unfair for individuals and families.
- The need for LTSS is a risk, not a certainty, for any one person.
- Widespread participation is essential.
- Affordability and value should be key characteristics of any insurance product designed to take LTSS risk.
LeadingAge also believes that “America needs a fairer and more rational financing system to ensure access to quality LTSS.”