Friday, May 18, 2007

Ten States Selected to Participate in Long-Term Care Partnership Expansion Project

Hamilton, NJ With the graying of America, affordable long-term care insurance options are increasingly important. In response to recent federal legislation that allows states to pursue public-private partnerships for long-term insurance coverage, 10 states have been selected to participate in the Long-Term Care Partnership Expansion project to develop practical insurance options for moderate-income consumers.

Arkansas, Colorado, Georgia, Michigan, Minnesota, Oklahoma, Ohio, South Dakota, Texas, and Virginia will participate in this new Center for Health Care Strategies (CHCS) initiative. The national effort will help states work with private insurers to create affordable insurance options that protect both consumer assets and minimize the risk to state Medicaid program budgets. The initiative is supported by the Robert Wood Johnson Foundation.

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