LeadingAge Texas believes America needs a fairer and more rational financing system to ensure access to quality long-term services and supports (LTSS) for everyone who needs these services.
An LTSS financing system that promotes consumer choice and flexibility will stimulate and reward innovation, quality improvement, and the development of products and services consumers want and need. This system will promote early health and wellness interventions that can prevent or delay the onset of LTSS need, while helping to reduce and manage lifetime risk. And, most important, it will help us create a society in which all may age with dignity. Read the report on A New Vision for Long-Term Services and Supports.
Nearly 13 million Americans need long-term services and supports (LTSS), and the need is growing rapidly. Yet, we have no planned way to pay for these services. In order to ensure that people get the care they need without impoverishing themselves or breaking the government's bank, we need to find solutions.
On February 17, 2016, LeadingAge released the 2016 Pathways Report, Perspectives on the Challenges of Financing Long-Term Services and Supports. Download the PDF report to read more about our position on long-term care financing.
LeadingAge Texas believes America needs a new financing system that is insurance-based and guided by the principles of rationality, equity, and affordability.