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States Pitch Private Insurance Plans: Long Term Care Policies Seen as Solution to States' Fiscal Burdens

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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.