The Growing Cost of Inaction: A Practical Framework for Addressing the Long-Term Care Financing Challenge

The Bipartisan Policy Center recently released a report exploring challenges in financing long-term care, particularly for middle-income individuals across the country. The report also highlights recommendations from national experts, including:
- Modernizing health care programs to reduce the trend of middle-income older adults spending down their savings and ending up on Medicaid covered long-term care
- Strengthening the declining private long-term care insurance market
- Encouraging innovative state and federal solutions