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Related Experiment Videos

Reforming long-term care financing through insurance.

M R Meiners

    Health Care Financing Review
    |November 5, 1988
    PubMed
    Summary

    Long-term care insurance is now feasible, with new models emerging. This shift encourages public policy reform and state partnerships to ease Medicaid budget pressures.

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    Area of Science:

    • Health Economics
    • Public Policy
    • Insurance Studies

    Background:

    • Historically, long-term care insurance was considered unfeasible.
    • Recent years have seen a significant shift in this perception.
    • Growing private sector interest is driving innovation.

    Purpose of the Study:

    • To explore the feasibility and emerging models of long-term care insurance.
    • To examine the impact of private market interest on public policy.
    • To assess the potential of public-private partnerships in addressing long-term care costs.

    Main Methods:

    • Analysis of current trends in long-term care insurance development.
    • Review of emerging insurance models and their principles.
    • Examination of public policy responses and state-level initiatives.

    Main Results:

    • Several long-term care insurance models are currently being tested.
    • Private market interest has spurred renewed public policy support.
    • States are exploring public-private partnerships to fund long-term care.

    Conclusions:

    • Long-term care insurance is now a viable option.
    • Public-private partnerships show promise for managing long-term care financing.
    • Reforming long-term care payment systems is crucial for reducing Medicaid burdens.

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