The
Center for Long-Term Care Financing recently published our latest report titled
"The LTC Triathlon: Long-Term
Care's Race for Survival." We
interviewed 119 of the leading financiers, providers and insurers of long-term
care regarding the current malaise in long-term care service delivery and
financing. The report, full of colorful
quotes and penetrating analysis, is available to read or copy for free in .pdf
format on the Center's website at www.centerltc.org. If you'd rather, order a hard copy for
$49.95 by contacting Sarah Allen at 425-467-6840, sarah@centerltc.org, or by mailing your
request to Center for Long-Term Care Financing,
11418 NE 19th Street Bellevue, WA 98004.
Sarah will send you a copy of the report and an invoice to return with
your payment.
Our Triathlon project's short-term goal is to encourage communication and
cooperation between the three main private-sector stakeholders in long-term
care (financiers, providers and insurers) toward the objective of mobilizing
more effective, mutually beneficial public policy advocacy. The long-term goal, of course, is to empower
more Americans to pay privately for long-term care so that others who are less
fortunate can rely on a less overwhelmed and financially stronger public
financing system. The next step in the
LTC Triathlon project is to plan an "LTC Summit Conference" to bring
LTC financiers, providers and insurers face-to-face in a learning and
problem-solving context. Thus,
publicity of the Center's Triathlon initiatives is critical. We hope you'll help pass the word. In the meantime, as media coverage of the
Center's Triathlon project develops, we'll keep you apprised of our progress.
The following item appeared in Editor Richard L. Peck's editorial in the
January 2001 issue of Nursing Homes magazine:
"Stephen Moses, president of the Center for Long-Term Care Financing . . .
issues a statement describing today's long-term care system as a 'tragic mess,'
with 'wide-spread bankruptcies, collapsed stocks, scant capital, scarce
staffing, high costs, low government reimbursement, little private insurance,
declining quality, expanding litigation, skyrocketing liability premiums,
persistent institutional bias and a growing generation of overwhelmed family
caregivers.' I couldn't have put it
better myself."
In that quote, we were only repeating what 119 industry experts told us in the
Triathlon interviews. The fact,
however, that Editor Peck—a trusted voice in the long-term care trade
media—says he couldn't have said it better himself, suggests the LTC Triathlon
report struck a deep, pure vein of concern.
We hope the LTC Triathlon report will help long-term care financiers,
providers and insurers to understand each other's daunting challenges, reduce
the causes of distrust and mistrust between them, and foster a climate of
cooperative effort toward the common goal of ensuring quality long-term care
for all Americans.
_____________
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This e-mail is the latest installment of "LTC Bullets" - the Center's periodic online news service
covering the latest information and trends in long-term care financing. We welcome responses to the material
presented.
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Thank you for your time and interest.
Center for Long-Term Care Financing
11418 NE 19th Street
Bellevue, WA 98004
Ph: 425-467-6840
Fax: 425-467-6829
E-mail: info@centerltc.org
Web: www.centerltc.org