States Pitch Private Insurance Plans: Long Term Care Policies Seen as Solution to States' Fiscal Burdens
Publication Date: March 2008
Publisher(s): National Institute on Money in State Politics (U.S.)
Author(s): Denise Roth Barber
Fifteen states now promote long-term care insurance through partnership with private insurance companies, with a dozen more moving in that direction. And although doubts have been raised about the partnerships' ability to reduce state Medicaid bills, the insurance industry, which has given nearly $205 million in state-level campaign contributions since 2000, is a strong presence in statehouses around the nation.