“COVID-19 Fogs Long-Term Care Claim Forecasts: ILTCI Virtual Conference,” by Allison Bell, ThinkAdvisor Quote:  “Actuaries for long-term care insurance (LTCI) issuers know that everyone is looking to them for answers about how COVID-19 has affected, and will affect, LTCI claims. But two actuaries who spoke Tuesday at the ILTCI Conference said getting good pandemic-period experience data will take time. … This year’s online version of the conference attracted 1,500 attendees, according to Barry Fisher, the conference chair. … Conference organizations said they hope to present the 2022 ILTCI Conference as an in-person event in Raleigh, North Carolina.” LTC Comment, Stephen
Read More

“The Gifts of Dementia with Author Judy Cornish,” Quote: “Judy Cornish is an author, founder of the Dementia & Alzheimer’s Wellbeing Network (DAWN®), creator of the DAWN Method® of dementia care, and a retired elder law attorney. Her two books (The Dementia Handbook and Dementia With Dignity) take person-centered dementia care from theory to practice by identifying the skills not lost to dementia. Through DAWN, Cornish provides online training programs for families and professional caregivers, as well as certification courses for agencies and facilities. Her goal is to see dignified dementia care and aging in place become available for all.  For more information, view TEDx Spokane
Read More

“State Regulators Post LTC Insurance Rate Review Draft,” by Allison Bell, ThinkAdvisor Quote: “The Long-Term Care Insurance Task Force is asking for public comments on a proposal that could help states join together to provide faster, more consistent reviews of insurers requests for increases in long-term care insurance (LTCI) premiums. The task force — an arm of the National Association of Insurance Commissioners — has posted a draft of a Long-Term Care Insurance Multi-State Rate Review Framework.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Seems like this has been a long time coming. Let’s hope it helps. Inconsistent
Read More

“42% of older adults have unmet need for assistive bathing, toileting devices,” by Madison Weller, Healio “A nationally representative cohort study estimated that 5 million older adults in the U.S. who have difficulty performing self-care tasks or are at risk for falls lack access to grab bars, shower seats and other assistive devices.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: If Medicaid hadn’t choked off worry about oncoming LTC need and cost by providing subsidized nursing home care when people can no longer cope, families and individuals would have planned, saved, invested and insured with this
Read More