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Isolation Method for Long-Term and Short-Term Hematopoietic Stem Cells

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Financing long-term services and supports: challenges, goals, and needed reforms.

Marc A Cohen^1,2, Judith Feder³

¹a LeadingAge LTSS Center, McCormack Graduate School of Policy and Global Studies , University of Massachusetts Boston , Boston , Massachusetts , USA.

Journal of Aging & Social Policy

|April 11, 2018

Summary

Financing long-term services and supports (LTSS) is a growing challenge. A new public-private partnership could cover catastrophic costs and incentivize private insurance for upfront risks, bridging policy divides.

Keywords:

Long-term care financing catastrophic coverage for LTSS long-term care insurance

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Area of Science:

Health Policy
Public Finance
Social Gerontology

Background:

Long-term services and supports (LTSS) pose significant financial burdens on individuals, families, and Medicaid.
Addressing LTSS financing involves complex policy design and political considerations.

Purpose of the Study:

To analyze policy choices and trade-offs in designing new LTSS financing strategies.
To assess current LTSS policy directions and political challenges, particularly regarding federal financing.
To propose a public-private partnership model for sustainable LTSS financing.

Main Methods:

Policy analysis of LTSS financing options.
Review of current LTSS policy trends and political landscape.
Development of a proposed public-private partnership model.

Main Results:

Current policy trends lean towards constraining federal LTSS financing.
A public-private partnership model is proposed to cover catastrophic costs and enhance private insurance for upfront risks.
This approach has gained bipartisan support.

Conclusions:

The LTSS financing problem will persist and grow, necessitating innovative solutions.
A public-private partnership offers a viable strategy to navigate political divides and strengthen insurance protection.
Policy makers face critical choices in balancing public and private roles in LTSS financing.