by Library of Congress, Congressional Research Service in Washington, D.C .
Written in English
|Other titles||CRS report for Congress|
|Statement||Carol O"Shaughnessy, Richard Price, Jeanne Griffith|
|Series||Report (Library of Congress. Congressional Research Service) -- no. 87-143 EPW, Major studies and issue briefs of the Congressional Research Service -- 1987-88, reel 11, fr. 00020|
|Contributions||Price, Richard, Griffith, Jeanne E, Library of Congress. Congressional Research Service|
|The Physical Object|
|Pagination||xviii, 92 p.|
|Number of Pages||92|
Financing and Delivery of Long-Term Care Services for the Elderly. Febru 96 P. Library of Congress. dedicated to a special Medicare trust fund that would finance future long-term care services. Introduction The financing of long-term care services for elderly adults is a critical public policy issue. As baby boomers age, the number of older Americans will soar over the next few decades. Between and , the population aged 65 and. Background and Objectives for the Systematic Review Background Definition of Long-term Care: LTC refers to myriad services designed to provide assistance over prolonged periods to compensate for loss of function due to chronic illness or physical or mental disability. 1 LTC varies in frequency and intensity according to the needs of the recipients, and it includes both hands-on, direct care as. Private Financing Options for Long-Term Care In addition to personal and government funds, there are several private payment options, including long-term care insurance, reverse mortgages, certain life insurance policies, annuities, and trusts.
Douglas Holtz-Eakin, “The Cost and Financing of Long-Term Care Services,” statement before the Subcommittee on Health, Committee on Energy and Commerce, U.S. House of Representatives, April This paper provides an overview of public financing of long-term care services for the elderly under Medicare, Medicaid and other public programs. 1 Recent program data on public spending for both nursing home and home care services are presented, as well as selected data on recent expenditure trends, particularly under Medicare and Medicaid. But they find out quickly that the current state of long-term care for the elderly is complicated and unfriendly — unless you have a money tree growing in the back yard. Eligibility Guidelines. To be eligible for Kupuna Care, one must be a U.S. citizen or legal alien, Hawaii resident, and 60+ years of age. The applicant cannot reside in a skilled nursing facility, assisted living residence, foster care home, or other adult residential care facility.
Editor’s note: On March 1, Alice Rivlin testified before the U.S. House of Representatives Committee on Energy and Commerce Subcommittee on Health on the financing and delivery of long-term care. Long-Term Care Services. Long-term care, sometimes referred to as long-term living, is a wide range of assistive services provided to an individual based on their needs. Care may range from assistance around the home to sophisticated medical care provided in a nursing facility. Throughout the book as we have described options available to seniors, the focus has been on helping them find the setting that promotes their well-being, whether that be aging in place or assisted living or another alternative. Still, as we have talked about the costs of each alternative, you have likely come to a conclusion we fully appreciate: professional elder care is expensive, and it. Estimated Percentage Shares of Spending on Long-Term Care for the Elderly, 3 Long-Term Care Insurance Policies Sold, to 5 Average Medicaid Payments for Long-Term Care, Selected States, Fiscal Year 9 Medicaid’s Expenditures on Long-Term Care for Elderly Beneficiaries, Fiscal Years to 10