“Long-Term Care Planning: What Advisors Should Know,” by Ginger Szala, ThinkAdvisor Quote: “The financial situation of the long-term care insurance fund is apparently precarious due to the additional costs caused by the Corona pandemic. According to a media report, the providers of long-term care insurance are facing a gap of billions of euros. The ‘Bild’ newspaper reports that the nursing care insurance fund urgently needs a financial injection from the Federal Ministry of Finance.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: We anticipated this problem in “LTC Bullet–LTCI in Germany,” August 15, 2002: “[A]fter only seven
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“The nursing care insurance fund is apparently threatened with insolvency,” by Florence Jenkins, The Germany Eye Quote: “The financial situation of the long-term care insurance fund is apparently precarious due to the additional costs caused by the Corona pandemic. According to a media report, the providers of long-term care insurance are facing a gap of billions of euros. The ‘Bild’ newspaper reports that the nursing care insurance fund urgently needs a financial injection from the Federal Ministry of Finance.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: We anticipated this problem in “LTC Bullet–LTCI in Germany,” August
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“Opt-out direction, updates, and good and bad news concerning long-term-care law,” by Elizabeth Hovde, Washington Policy Center Quote: “A newly created long-term-care program in Washington state does not guarantee workers ‘long-term’ care. In its most recent meeting, state commission members acknowledged that the WA Cares Fund’s lifetime benefit of $36,500 will offer only partial help with most individuals’ long-term-care needs. … Several lawmakers and commission members are asking good questions about the law’s details and implementation. That’s encouraging. Not encouraging is a glossy marketing campaign full of false hope and a lack of information. The state’s ads for the  program that W2 workers are
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