Long-Term Care Planning: Federal Initiatives & Resources Linda Velgouse Administration on Aging

Slides:



Advertisements
Similar presentations
An Introduction to Long Term Care Partnership Programs Produced by The National Association of Health Underwriters Long Term Care Advisory Group.
Advertisements

Julie Darnell, PhD, MHSA Assistant Professor, Division of Health Policy & Administration School of Public Health University of Illinois at Chicago May.
MyCare Ohio (Integrated Care Delivery System) May 6, 2014 John Rogers Manager, Eligibility Services
PARTISAN CONTROL AND STATE DECISIONS ABOUT OBAMACARE FULL GO STATES (n = 22) Arkansas Michigan CALIFORNIA MINNESOTA COLORADO NEVADA CONNECTICUT New Hampshire.
Hwy Ops Div1 THE GREAT KAHUNA AWARD !!! TEA 2004 CONFERENCE, MOBILE, AL OCTOBER 09-11, 2004 OFFICE OF PROGRAM ADMINISTRATION HIPA-30.
ADF#268.98(rev.0602) L02073WFO(exp0705)MLIC-LD Planning for Long-Term Care Helping you make sense of it all.
The West` Washington Idaho 1 Montana Oregon California 3 4 Nevada Utah
Avalere Health LLC | The intersection of business strategy and public policy Long-Term Care Financing Reform: A Federal and Private Insurance Partnership.
What Is Long Term Care?. u Long Term Care is an ever changing array of services aimed at helping people with chronic conditions cope with limitations.
1 Financing Long-Term Care for Minnesotans Presentation at VAN Forum March 24, 2010 LaRhae Knatterud Minnesota Department of Human Services.
5 Year Total LIHEAP Block Grant Allotment (FY ) While LIHEAP is intended to assist low-income families with their year-round home energy needs,
BINARY CODING. Alabama Arizona California Connecticut Florida Hawaii Illinois Iowa Kentucky Maine Massachusetts Minnesota Missouri 0 Nebraska New Hampshire.
Nursing Home Diversion Modernization Grants Linda Velgouse OPPD/AoA N4A/Cash and Counseling Webinar –
U.S. Civil War Map On a current map of the U.S. identify and label the Union States, the Confederate States, and U.S. territories. Create a map key and.
TBD TITLE SLIDE The Economy, Jobs, and Fiscal Responsibility From Main Street to Wall Street to Washington September 7 th – October 9 th 1.
Developing and Sustaining a Part C Finance System: Connecticut.
PLANNING TO PAY FOR LONG TERM CARE Douglas G. Chalgian, CELA & Amy R. Tripp, J.D. Chalgian & Tripp Law Offices East Lansing – Jackson - Ithaca  chalgian.
2010 GM Private Offer September 10, Overview Limited-time additional discount from GM offered “privately” to credit union members Opportunity.
1 Money Follows the Person Rebalancing Demonstration Section 6071 of the Deficit Reduction Act 2005 Richard C. Allen Centers for Medicare & Medicaid Services.
Medicare: An Overview September 30, 2014 Society for Financial and Professional Development 7 th Annual Financial Literacy Leadership Conference Christina.
This chart compares the percentage of cases filed in Maine under chapter 13 with the national average between 1999 and As a percent of total filings,
Long-Term Care Partnership: Protecting Consumers and States from Catastrophic Expenditures State Coverage Initiatives Winter Meeting February 8, 2008 Chad.
Year Total National Health Expenditures Prescription Drugs Total TotalPer Capita Nominal Dollars (billions) Real Dollars (2) (billions) Nominal Dollars.
Campaign Overview Congressional Briefing December 1, 2004 Long Term Care Awareness Campaign Own Your Future!
Improving Care for Medicare-Medicaid Enrollees Medicare-Medicaid Coordination Office Centers for Medicare & Medicaid Services August 19, 2015.
Map Review. California Kentucky Alabama.
Judicial Circuits. If You Live In This State This Is Your Judicial Circuit Alabama11th Circuit Alaska 9th Circuit Arkansas 8th Circuit Arizona 9th Circuit.
Long –Term Care Financing Reform What Role For States? Hunter McKay US Department of Health and Human Services Office of Assistant Secretary for Planning.
1. AFL-CIO What percentage of the funds received by Alabama K-12 public schools in school year was provided by the state of Alabama? a)44% b)53%
Virginia’s Long-Term Care Partnership The TICKET to Choice, Control, Independence, and Financial Security Update: VICAP fall training 10/17/08 Molly Huffstetler.
Figure 1. Growth of HSA/HDHP Enrollment from March 2005 to January Source: 2010 AHIP HSA/HDHP Census.
It’s been 18 years… 1996 Purchasing Power compared to cents to the dollar. What $1.00 could buy in 1996 now costs $1.48.
Medicare Advantage Enrollment: State Summary Five Slide Series, Volume 2 July 2013.
Assistance to Firefighters Grant SAFER Grants Fire Prevention and Safety Grants.
Directions: Label Texas, Arkansas, Louisiana, Mississippi, Tennessee, Alabama, Georgia, Florida, South Carolina, North Carolina, Virginia--- then color.
0 Long Term Care Insurance Freedom. Choices. Independence. NAME TITLE ORGANIZATION.
CENTERS for MEDICARE & MEDICAID SERVICES Tom Scully CMS Administrator.
Aging and Disability Resource Center Initiative: Streamlining Access to LTC John Wren, AoA Dina Elani, CMS 2004 Gerontological Society of America Conference.
The Prudential Insurance Company of America, Newark, NJ. 751 Broad Street, Newark, NJ IFS-A Ed. 03/08 Long-Term Care Long-Term Care Your.
CHAPTER 7 FILINGS IN MAINE CALENDAR YEARS 1999 – 2009 CALENDAR YEAR CHAPTER 7 FILINGS This chart shows total case filings in Maine for calendar years 1999.
The Capacity of the Aging Services Network: Top 10 Things to Know for Reauthorization.
K A I S E R C O M M I S S I O N O N Medicaid and the Uninsured Figure 0 Long-Term Care: Exploring the Possibilities Diane Rowland, Sc.D. Executive Vice.
Emerging Private LTC Financing Innovations The Second National Medicaid Congress June 14, 2007 Richard P. Nelson Erickson & Sederstrom, P.C. Nebraska Initiative.
Study Cards The East (12) Study Cards The East (12) New Hampshire New York Massachusetts Delaware Connecticut New Jersey Rhode Island Rhode Island Maryland.
Hawaii Alaska (not to scale) Alaska GeoCurrents Customizable Base Map text.
US MAP TEST Practice
 Wellness is the state of being in good health.  Quality of Life refers to a person’s satisfaction with his or her looks, lifestyle, and responses to.
2006 Reauthorization of the Older Americans Act Modernizing the OAA for the 21 st Century.
1 of (F)DEC2015 IMCOM integrates and delivers base support to enable readiness for a self-reliant and globally-responsive All Volunteer Army WE.
TOTAL CASE FILINGS - MAINE CALENDAR YEARS 1999 – 2009 CALENDAR YEAR Total Filings This chart shows total case filings in Maine for calendar years 1999.
The United States is a system that can be broken into 5 major parts or regions.
Empowering Private-Pay Clients to Make Wise Financial Decisions for Long-Term Care: Use of Home Equity Barbara R. Stucki, Ph.D. and Jay Greenberg, Sc.D.
Long Term Care at the Worksite Hosted by: GuideStone Financial Resources.
September 24,  Project Update ◦ SPF Decision Guide ◦ SPF ‘How to’ Guide  SPF Clearinghouse Con-ops  New FHWA COTM  Annual meeting.
LTCG Long Term Care Group, Inc Helping People Plan for Long Term Care Needs Presented by Eileen J. Tell Senior Vice President 6 October 2005.
A-4 Table 1.1: Total National Health Expenditures, 1980 – 2007 (1) Source: Centers for Medicare & Medicaid Services, Office of the Actuary. Data released.
Long-Term Care Taking Control of Your Future. Top 5 fears of those 65+ Source: PRWeb.
Improving the lives of older Americans Private Pay Consumer Financing Decisions ADRC-TAE teleconference Barbara R. Stucki, PH.D. Director, Use Your Home.
The Long-Term Care Initiative. Why Long-Term Care? About 13 million men and women have long-term care needs By 2020, 22 million Americans will need long-term.
Table 2.1: Number of Community Hospitals,(1) 1994 – 2014
Expanded State Agency Use of NMLS
Name the State Flags Your group are to identify which state the flag belongs to and sign correctly to earn a point.
The States How many states are in the United States?
OACT Analysis of Health Reform Legislation
Supplementary Data Tables, Trends in Overall Health Care Market
The Medicaid Commission Health Reform Initiatives presented by Grace-Marie Turner Galen Institute June 13, 2007 MC.
WASHINGTON MAINE MONTANA VERMONT NORTH DAKOTA MINNESOTA MICHIGAN
Expanded State Agency Use of NMLS
CBD Topical Sales Restrictions by State (as of May 23, 2019)
Presentation transcript:

Long-Term Care Planning: Federal Initiatives & Resources Linda Velgouse Administration on Aging

The Problem ● Public programs don ’ t/can ’ t cover the majority of long-term care needs ● Long-term care is the largest uninsured financial risk facing most retirees ● Most people don ’ t understand or are in denial about long-term care needs ● Satisfaction with long-term care is correlated with choice and control, both are greatly enhanced by advanced planning

Solutions Information and Education Information and Education Own Your Future State Awareness Campaigns Own Your Future State Awareness Campaigns National Clearinghouse for Long-Term Care Information ( National Clearinghouse for Long-Term Care Information ( Medicare Long-Term Care Planning Tool Medicare Long-Term Care Planning Tool Nursing Home Diversion Modernization Grant program Nursing Home Diversion Modernization Grant program

LTC Planning Timeline Age 40 Age 65 Retirement Age 80 First signs of possible LTC need Age 85 LTC begins Death Early Planning Insurance Accrue Savings Home Equity Annuity Tax-Incentives Home Equity Conversion Spend Down Late Planning Home Equity Conversion Use of Savings Transfer of Assets Medicaid Estate Recovery

Own Your Future Long-Term Care Awareness Campaign Suggest that planning for LTC should be an integral part of retirement planning Suggest that planning for LTC should be an integral part of retirement planning Promote planning, while not endorsing any specific planning activity Promote planning, while not endorsing any specific planning activity Associate LTC planning with increased dignity and control over one’s future Associate LTC planning with increased dignity and control over one’s future

Campaign States 2005 Arkansas Idaho Nevada New Jersey * Virginia * 2006 Kansas Maryland Rhode Island Washington 2007 Georgia Michigan Missouri ** Nebraska South Dakota Tennessee Texas * New Jersey and Virginia will also run campaigns this year ** Missouri is scheduled to run their campaign this September

Core Campaign Letter from Governor w/ tri-fold to every household with Letter from Governor w/ tri-fold to every household with million households to date 10.5 million households to date Long-term care planning kit Long-term care planning kit Long-term care educational CD Long-term care educational CD Governor’s press event Governor’s press event State specific material State specific material

National Clearinghouse for Long-Term Care Information Mandated by DRA 2005 as addition to LTC Awareness Campaign Mandated by DRA 2005 as addition to LTC Awareness Campaign First federal website for LTC information First federal website for LTC information Provide higher level of long-term care information Provide higher level of long-term care information Include information on OYF Campaign Include information on OYF Campaign

The Clearinghouse Homepage

LTC Clearinghouse Understanding LTC Understanding LTC Overall introduction to LTC Overall introduction to LTC Planning for LTC Planning for LTC Outlines planning activities including advanced directives, home modification, finding services, and talking to family Outlines planning activities including advanced directives, home modification, finding services, and talking to family LTC Awareness Campaign Information LTC Awareness Campaign Information Paying for LTC Paying for LTC How public programs (Medicare, Medicaid, others) pay for LTC How public programs (Medicare, Medicaid, others) pay for LTC Advantages and disadvantages of LTC insurance and provides state specific links Advantages and disadvantages of LTC insurance and provides state specific links Reviews other private options such as reverse mortgages, personal savings, and annuity based coverage Reviews other private options such as reverse mortgages, personal savings, and annuity based coverage

Cost of Care Map

Savings Calculator

s=0&pagelist=Home s=0&pagelist=Home Medicare long-term care planning tool

Nursing Home Diversion Modernization Grants Third component of AoA’s Choices for Independence (Other 2: ADRC, Evidenced Based Disease Prevention) Third component of AoA’s Choices for Independence (Other 2: ADRC, Evidenced Based Disease Prevention) Modernize systems by adding flexible service dollars and options to help individuals who are not eligible for Medicaid to avoid nursing home placement and spend down to Medicaid Modernize systems by adding flexible service dollars and options to help individuals who are not eligible for Medicaid to avoid nursing home placement and spend down to Medicaid grants for up to $500, grants for up to $500,000 Applications due August 24 Applications due August 24