“US long-term care costs are sky-high, but Washington state’s new way to help pay for them could be nixed”

“US long-term care costs are sky-high, but Washington state’s new way to help pay for them could be nixed,” by Marc Cohen, The Conversation

“I’ve spent the past few years as part of a team of four scholars examining the solutions that Washington and three other states have come up with to help the middle class pay for long-term care.”

 

 

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

I respect my friend and fellow ILTCI Recognition honoree Marc Cohen’s considered opinions about multi-state, compulsory, payroll-funded, social insurance LTC programs. But all these plans will fail for the same reasons Social Security and Medicare are on their last legs. To understand why they’re doomed and to make sense of what ails LTC, read the Paragon Health Institute’s “Long-Term Care: The Problem” and “Long-Term Care: The Solution” and watch this “virtual LTC event” featuring age wave visionary Ken Dychtwald and leading LTC researchers.