“The National Association of Insurance Commissioners has sent a package of 10 proposals for reforming the U.S. long-term care finance system to Congress. The package of federal LTC policy options has been in the works for more than a year. Regulators included four options for improving the private long-term care insurance market; four aimed mainly at creating or strengthening other types of long-term care funding options; a plea for better alignment between federal and state rules; and a request for more federal support for general retirement security and long-term care planning awareness campaigns.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Good ideas, not to say wishful thinking, but the proposal overlooks one fix that would help most and could fund the rest: curbing Medicaid LTC eligibility exemptions, loopholes and estate recovery evasion.

Let IRA Cash Pay for Long-Term Care Insurance: NAIC

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