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Public‐Private Partnerships: The Connecticut Model for Financing Long‐Term Care
Author(s) -
Mahoney Kevin J.,
Wetle Terrie
Publication year - 1992
Publication title -
journal of the american geriatrics society
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.992
H-Index - 232
eISSN - 1532-5415
pISSN - 0002-8614
DOI - 10.1111/j.1532-5415.1992.tb04482.x
Subject(s) - medicaid , long term care , general partnership , private sector , medicine , negotiation , long term care insurance , term (time) , private insurance , public sector , finance , economic growth , health care , business , nursing , economics , political science , physics , economy , quantum mechanics , law
Responses to the growing crisis in long‐term care financing have included efforts to negotiate partnerships between the private and public sectors for the purpose of developing innovative models for long‐term care insurance. One such set of models has been encouraged by support from the Robert Wood Johnson Foundation's “Long Term Care Insurance Program” grants. The Connecticut Partnership for Long Term Care uses a cooperative approach to encourage the development of private sector long‐term care insurance products that are integrated with Medicaid eligibility determinations. The Connecticut model is described, accompanied by a history of its development, and a comparison is made with other models currently under consideration by national policy analysts. J Am Geriatr Soc 40:1026–1030, 1992