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Long-Term Care Insurance: Better Information Critical to Prospective Purchasers (PDF)
U.S. General Accounting Office
Oct. 3, 2000
Statement of William J. Scanlon, Director Health Financing and Public Health Issues Health, Education, and Human Services Division, September 13, 2000. "My remarks today focus on (1) the increased demand the baby boom generation will likely create for long-term care, (2) an overview of current spending for long-term care of the elderly, including recent changes in Medicaid and Medicare financing of long-term care, and (3) the potential role of private long-term care insurance in helping finance this care, including who buys this insurance, its affordability, and the critical need for consumer information and protections."
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