Changing Aging Blog

Seven Ways To Pay for Long-Term Care
Date: Jun 17th, 2014 3:23pm

Author:

Ecumen Communications

How to plan and pay for long-term care — including assisted living, memory care, nursing home and at-home care — is one of the most daunting challenges the United States now faces.  Ecumen CEO Kathryn Roberts is leading a national task force looking for a solution. In this 12-minute video, Roberts maps out seven possible pathways to frame the complex debate along a continuum of public and private approaches.  The seven pathways are…

 1. Status Quo

2. Personal Responsibility

3. Private Market

4. Private Catastrophic

5. Public Catastrophic

6. Public Front-End

7. Comprehensive

You can link to the full report entitled: Pathways: A Framework for Addressing Americans’ Financial Risk for Long-Term Services and Supports.  

 

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