AMA Seeks to Make Long-Term Care Services More Affordable

Share this content:
AMA Seeks to Make Long-Term Care Services More Affordable
AMA Seeks to Make Long-Term Care Services More Affordable

WEDNESDAY, June 20, 2018 (HealthDay News) -- The American Medical Association (AMA) House of Delegates has adopted a policy to make long-term care insurance simpler, more affordable, more innovative, and part of automatic enrollment for current employees and retirees.

The move comes in response to soaring national spending on long-term care services impacting retirement funds and Medicaid. The AMA says that about 40 percent of state Medicaid budgets go toward long-term services and supports (LTSS), while Medicare post-acute care pays for 23 percent of LTSS. Out-of-pocket spending, long-term care insurance, and other public and private sources account for the remaining costs.

The new AMA policy calls for several supportive measures, including that Medicare, Medicare Advantage, and Medigap plans bolster their offerings with regard to benefits related to long-term care; innovations in long-term care insurance product design that include the insurance of home and community-based services; a back-end public catastrophic long-term care insurance program; and better integration of health and social services and supports, including the Program of All-Inclusive Care for the Elderly.

"Our hope is that the policies and recommendations we are making today will provide feasible steps forward to alleviating the financial strain on families and Medicaid of providing LTSS," AMA board member Stephen R. Permut, M.D., J.D., said in a statement. "With demand for LTSS likely doubling over the next 30 years, the time for action and forward-facing reforms is now."

More Information

Share this content:

is free, fast, and customized just for you!




Already a member?

Sign In Now »

Trending Activities

All Professions

Drug Lookup

Browse drugs by: BrandGenericDisease

More in Home

'Aggressive Steps' Needed to Stop Adolescent Use of E-Cigarettes

'Aggressive Steps' Needed to Stop Adolescent Use of ...

U.S. Surgeon General issues a call to action for parents, teachers, and health professionals

Exercise Linked to Reduced Mortality for Patients With Cancer

Exercise Linked to Reduced Mortality for Patients With ...

Mortality rate lower for habitually active patients and for those who started exercising after diagnosis

Hospitalizations Up for Homeless From 2007 to 2013

Hospitalizations Up for Homeless From 2007 to 2013

Homeless individuals hospitalized more often for mental illness, substance use disorder

is free, fast, and customized just for you!




Already a member?

Sign In Now »