Long-Term Care Financing: Policy Options for the Future

This report explores options for a new public-private partnership for long-term care financing. All the proposals presented try to move the partnership away from reliance on out-of-pocket financing by peo¬ple needing long-term care and their families, toward insurance, through which costs are spread across a broad population at risk of needing service, users and nonusers alike. They all rely on government rules or resources to promote that move and assume a mix of public and private financing.