Article Publication Date:
6/1/2013
Summary:
This report provides a summary of how long-term services and supports (LTSS) are financed and describes factors that contribute to uncertainty of the future costs for LTSS, including changes in how LTSS will be delivered. Three projections of future LTSS spending for senior populations under different scenarios are offered. These scenarios differ based on projecting the number of people with varying functional limitations and the resulting need for varying degrees of LTSS.
Sources:
Congressional Budget Office, CBO
States:
Keywords:
Long-Term Care; State/Agency Information; Sustainability; Eligibility; Community Inclusion; System Transformation; Enrollment; Organizational Change; Medicaid Integration
long-term services and supports; sustainability; state budget; costs; functional limitations; cognitive limitations; financing; formal supports; informal supports; long-term care insurance; age wave; rising demand; LTSS inputs; care delivery; educational attainment; race; community-based; institutional; institutionalization; medicare;
Contact
Congressional Budget Office
communications@cbo.gov
Phone:
202-226-2602
Short URL: http://www.advancingstates.org/node/51763