A look into the future of long-term care insurance

Funding for long-term care (LTC) benefits may change in the future given the increasing LTC needs of the baby-boom generation and the recent attention that has been given to affordable LTC services.

The United States may not be prepared to transition to a “complete” social LTC program, but it’s possible that an involuntary, partial social program could be established to provide LTC coverage.

In this article, Milliman’s Stephanie Moench discusses a scenario in which funding for LTC services would reflect aspects of the status quo and the “Medicare for All”/”single-payer” system.