Could state-based LTC insurance work

The Long-Term Care (LTC) Discussion Group’s monthly virtual meeting, set for March 30 from 2-3 p.m. will focus on “Exploring Stakeholder Perspectives on State-Based Catastrophic Long-Term Care Coverage.” Presenters John Cutler and John O’Leary will talk about their Society of Actuaries-sponsored study of various stakeholders’ views on backend (or catastrophic) coverage. The discussion will cover findings in the report, highlighting support and challenges for such a program, support (or not) for a mandatory program, concerns about the viability of a tax increase to support the program, and recognition of the value of working with existing programs (Medicaid and private LTC insurance).