About Long-Term Care

Long-Term Care in the U.S.

Did you know:

  • The U.S. lacks widespread insurance protection for long-term care (LTC)?
  • Many families bankrupt themselves to qualify for LTC funded through Medicaid?
  • By 2030, the number of individuals older than 65 will nearly double, reaching 20% of the total population?
  • Tomorrow's seniors will live longer than today's seniors and are expected to have more chronic conditions?
  • Many families go bankrupt caring for a loved one with Alzheimer's Disease or other disabling conditions?
  • Many baby-boomers and seniors alike believe that Medicare will cover their long-term care needs, including nursing home care, which it does not?

There is a growing and immediate need to create a reliable way to pay for LTC in the U.S.

Opportunity for Change

People caring for loved ones see the holes in our current system, and seniors and people who require ongoing daily care are growing more vocal about the challenges they face in securing and paying for the care they need. Policymakers have serious concerns about covering the growing costs of LTC, and many are inspired to take action but are unclear where to start.

Given this convergence of interests, there is genuine opportunity to reform LTC now.

Our model can be a starting line. It is designed to illustrate how a particular set of choices that go into creating a public LTC insurance program will influence key elements, including premiums, participation rates, and benefits.

Click here to learn more about the model or here to begin creating your own model.