aahsa ltc solution ppt cy
TRANSCRIPT
![Page 1: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/1.jpg)
![Page 2: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/2.jpg)
Making It Affordable for People to Care
A Long-Term Care Solution
from AAHSA
![Page 3: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/3.jpg)
From ABC’s World News Tonight
![Page 4: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/4.jpg)
What is Long-Term Care?
The broad array of services and supports that people of all ages need when they can no longer completely care for themselves.
Long-term care services and supports include: help with bathing, dressing, or with household tasks like cooking and cleaning.
These services and supports may be provided by a person’s family members or by paid caregivers.
![Page 5: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/5.jpg)
The Scope of the Challenge: Young and Old
![Page 6: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/6.jpg)
Where Is Care Provided?
80% at home
20% institutional setting
![Page 7: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/7.jpg)
35.4Hours
PerWeek
Caregiving Commitment
Family Caregivers – What They Spend, What They Sacrifice, November 2007
![Page 8: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/8.jpg)
32%
Caregiving Commitment
5+ years
52%
3+ years
![Page 9: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/9.jpg)
Who Pays?
PrivateInsurance
PublicFunding
4% 28%
Families/UnpaidCaregivers
68%
Families and
Unpaid Caregivers
68%
![Page 10: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/10.jpg)
$5,531
Annual cost of care
Personal Financial Commitment
Family Caregivers – What They Spend, What They Sacrifice, November 2007
![Page 11: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/11.jpg)
Cost Implications for BusinessesCost Implications for Government
$2,000 per employee$100 billion
Source: Metlife Mature Market Institute and National Alliance for Caregiving, July 2006 Source: AAHSA estimate for 2007, based on data for 2006 in "Medicaid and long-term care" fact sheet,
Georgetown University Long-Term Care Financing Project, January 2007
![Page 12: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/12.jpg)
Rose’s Story
![Page 13: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/13.jpg)
![Page 14: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/14.jpg)
![Page 15: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/15.jpg)
Number of Adults 65 and Older Requiring Assistance
Nu
mb
er in
mill
ion
s
Severely Disabled
Moderate Disabilities
7.7 8.9
6.3
13.0
3.33.7
5.0
2010 2020 2030 2040
14.5
25
20
15
10
5
0
Source: The Retirement Project, 2007, by Johnson, Toohey and Wiener
![Page 16: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/16.jpg)
The Long-Term Care Solution
A Framework for Financing Long-Term Care in America
![Page 17: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/17.jpg)
Who is AAHSA?
A non-partisan, non-profit advocacy group representing not-for-profit aging services providers
Members serve more than two million persons daily Mission to create the future of aging services
![Page 18: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/18.jpg)
Widespread Concern About Long-Term Care Reform
74%
Very Important
20%
Somewhat Important
94%
Very or Somewhat Important
Source: National Commission for Quality Long-Term Care, 2007
![Page 19: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/19.jpg)
Widespread Support For A Voluntary Contribution System
Support Strongly
Support Somewhat
Oppose Somewhat
Oppose Strongly
Don't Know
46%
31%
Source: National Commission for Quality Long-Term Care, 2007
![Page 20: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/20.jpg)
![Page 21: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/21.jpg)
The Long-Term Care Solution
National insurance trust Broad-based consumer participation Cash benefits optimize choice No underwriting Available to all adults
regardless of age Medicaid as safety net
![Page 22: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/22.jpg)
Number of Years of Covered
Benefits
Annual Daily
1 $266 $0.73
2 $465 $1.27
3 $614 $1.68
5 $806 $2.21
Lifetime $1,048 $2.87
Premium PricesExample Plan: includes all age 21+, 5 year vesting, $75/day cash benefits for disability (2+ADLs)
Source: “Modeling a New Long-Term Care Financing Plan,” The Moran Company, December 2007
![Page 23: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/23.jpg)
Choice
Responsibility
Fairness
![Page 24: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/24.jpg)
73¢/day = 1 year’s worth of benefits
![Page 25: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/25.jpg)
$1.68/day = 3 years’ worth of benefits
![Page 26: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/26.jpg)
$2.87/day = Lifetime benefits
![Page 27: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/27.jpg)
The Long-Term Care Solution
The Choice is Ours
![Page 28: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/28.jpg)
Moral Imperative
Fiscal Imperative
Political Imperative
![Page 29: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/29.jpg)
The Time is Now
![Page 30: Aahsa Ltc Solution Ppt Cy](https://reader035.vdocuments.mx/reader035/viewer/2022062419/557e6b37d8b42a1e178b4e25/html5/thumbnails/30.jpg)