“100 Must-Know Statistics About Long-Term Care: 2023 Edition,” by Christine Benz, Morningstar “A compendium of data about long-term-care usage and costs, the state of insurance, and the toll on caregivers.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Click through for the scary list.   Subscribe to GoldenCare News  
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“How to Get Your Long-Term Care Planning on the Right Track,” by Stephen B. Dunbar III, Kiplinger “As an American citizen, you’re entitled to long-term care that is paid for by the government. However, as you might expect, the standard of care in a public Medicaid facility can be quite different to what you may receive if you pay to go private.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Finally a sensible sentence from Kiplinger which has recently promoted Medicaid planning without disclosing its downside risks.   Subscribe to GoldenCare News  
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“Medicare, Social Security financial shortfalls would ‘further cripple’ long-term care, advocates say,” by Kathleen Steele Galvin, McKnight’s Senior Living “‘Today, chronically underfunded providers struggle to deliver the quality care that’s desperately needed in our communities; projected financial shortfalls for either Social Security or Medicare will further cripple the country’s fragile long-term care system,’ Sloan said. ‘If Congress and the administration don’t act now to shore up these two critical programs, older adults and families will suffer.’” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: What do Social Security and Medicare have to do with long-term care? Plenty,
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“Long-term care insurance could create huge fiscal burden for adult children of aging boomers,” by Bonnie-Jeanne MacDonald, Samir Sinha, and Alyssa Brierley, Financial Post “Alternatively, if we create a national LTC insurance program that asks the younger generation to immediately fund new LTC benefits to older people (i.e., those who haven’t paid into it), there will be a major issue of intergenerational fairness, particularly given that this younger generation will also be called on to provide significant levels of voluntary care to older Canadians.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Sounds like a plan Charles
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“The Looming Collapse of a Long-Term Care Insurer Raises Questions for DFS,” by Bill Hammond, Empire Center “The Department of Financial Services filed court papers on Feb. 22 seeking to take control of the American Independent Network Insurance Co., or AINIC, a long-term care insurance provider. The company has approximately 690 policyholders across the state, a portion of whom are drawing benefits as residents of nursing homes. … AINIC’s parent companies were recently closed down by regulators in Pennsylvania, leaving the company in ‘hazardous condition,’ according to one of the court filings on behalf of DFS Superintendent Adrienne Harris.” LTC Comment, Stephen A.
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