“AMA adopts policy to make long-term care more affordable”

“The AMA announced new policies to help combat the issues associated with long-term services and supports. The policies support:

Improving access and affordability of private long-term care insurance;
Making long-term care insurance transferrable and portable with an opt-out option;
Innovating product design of long-term care insurance;
Allowing limited or optional supplemental benefit for long-term services and supports under Medigap plans;
Permitting Medicare Advantage plans to offer long-term services and supports;
Offering a respite care benefit as an optional benefit through Medigap and Medicare Advantage plans;
Initiating a back-end public catastrophic long-term care insurance program;
Incentivizing states to improve home and community-based services regarding availability; and

Integrating health and social services and supports better.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

Wishful thinking with no money to back it up as usual.

#AMA
#goldencareagent