Seven Ways To Pay for Long-Term Care
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. Roberts maps out seven possible pathways to frame the complex debate along a continuum of public and private approaches.
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.