The American Long Term Care Insurance Program: A Solution to Reduce Cost and Provide Stability.

This article recommends creating a federally regulated electronic exchange for private long-term-care insurance called the American Long Term Care Insurance Program (ALTCIP). ALTCIP would draw new consumers, while incentivizing insurers to participate by helping stabilize premiums and spreading risk...

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Publicado en:Generations Vol. 40; no. 4; pp. 45 - 50
Autor principal: Forte, Paul E.
Formato: Artículo
Publicado: American Society on Aging Winter2016/2017
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: The American Long Term Care Insurance Program: A Solution to Reduce Cost and Provide Stability.
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        au: Forte, Paul E.
        affil: Chief executive officer of Long Term Care Partners, LLC, in Newington, New Hampshire
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        United States
        Insurance
        Social security
        Government regulation
        Economics
        Long-term health care -- Law & legislation
        Cost control
        Risk assessment
        Health insurance exchanges
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          Insurance
          Social security
          Government regulation
          Economics
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          All Other Insurance Related Activities
          Other Insurance Funds
          Third Party Administration of Insurance and Pension Funds
          Long-term health care -- Law & legislation
          Cost control
          Risk assessment
          Health insurance exchanges
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        long-term care
        long-term-care insurance
        Medicaid
        long-term care
        long-term-care insurance
        Medicaid
      ab: This article recommends creating a federally regulated electronic exchange for private long-term-care insurance called the American Long Term Care Insurance Program (ALTCIP). ALTCIP would draw new consumers, while incentivizing insurers to participate by helping stabilize premiums and spreading risk. Offering a uniform program giving the middle class access to affordable coverage could increase LTCI take-up rates nationwide, relieving pressure on state and federal Medicaid budgets. If a tax-based social insurance plan offering catastrophic LTSS coverage were implemented, the ALTCIP would be complementary, either providing front-end coverage or filling in gaps.
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      src: R
    language: English
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