Beginning in 1988, The Robert Wood Johnson Foundation (RWJF) began funding the Partnership for Long-Term Care, a public/private alliance between state governments and insurance companies to create long-term care insurance programs. With a goal of solving a portion of the long-term care financing problem, the RWJF awarded grants to four states--California, Connecticut, Indiana, and New York--to work with private insurers to create insurance policies that were more affordable and provided better protection against impoverishment than those generally available. The resulting Partnership For Long-Term Care combines private long-term care insurance with special Medicaid eligibility standards. We examine and present data from this program and identify the beneficiaries from the effort in order to develop strategies for increases coverage and the number of participants.
Learning Objectives: At the conclusion of the session, the participant (learner) in this session will be able to: 1. Recognize the growing need for changes in the financing of Long-Term care from a social standpoint. 2. Identify two models of public/private partnerships for the provision of Long-Term Care. 3. Discuss the population that is benefiting from the provision of Long-Term Care insurance through the Partnership
Keywords: Aging, Long-Term Care
Presenting author's disclosure statement:
Organization/institution whose products or services will be discussed: The Robert Wood Johnson Foundation (RWJF)
The University of Maryland Center on Aging
I have a significant financial interest/arrangement or affiliation with any organization/institution whose products or services are being discussed in this session.
Relationship: RWJF grant
Center on Aging employment