How can we improve long-term care financing?
- Collection:
- Health Policy and Services Research
- Series Title(s):
- Issue in brief (Center for Retirement Research)
- Contributor(s):
- Gleckman, Howard. Center for Retirement Research at Boston College.
- Publication:
- Chestnut Hill, MA : Center for Retirement Research at Boston College, [2008]
- Language(s):
- English
- Format:
- Text
- Subject(s):
- Health Care Reform -- economics Insurance, Long-Term Care -- economics Long-Term Care -- economics Medicaid -- economics Medicare -- economics Models, Economic Private Sector Public Sector Humans United States
- Genre(s):
- Technical Report
- Abstract:
- The system for financing and delivering long-term care in the United States is deeply flawed. While families and government spend more than $200 billion annually for such services, many frail elderly and disabled fail to receive the care they need. This problem is expected to become more severe as the Baby Boom generation ages. While experts generally agree that the existing system is inefficient and ineffective, they disagree on how it should be reformed. This brief, the fourth and final in a series, will review several options for change. These options include enhancing private long-term care insurance, replacing the current welfare-based system with a public social insurance program, and introducing a hybrid public-private system. None of these alternatives is optimal, but each has significant advantages over the current system.
- Copyright:
- Reproduced with permission of the copyright holder. Further use of the material is subject to CC BY license. (More information)
- Extent:
- 8 leaves
- Illustrations:
- Illustrations
- NLM Unique ID:
- 101480885 (See catalog record)
- Permanent Link:
- http://resource.nlm.nih.gov/101480885