In a visit to the nation’s capital this month, Long Term Care Associates, Inc. (“LTCA”) hand-delivered its most recent publication, “LTC Financing: Where Common Sense Finds Common Ground,” to Senator Patty Murray (D-WA). Supporting its 15-member delegation were ambassadors from three leading long-term care carriers.

Said LTCA senior vice president Stephen D. Forman, “The last few years have witnessed a surge of interest in how best to solve our nation’s pressing long-term care financing crisis. As we reviewed the battery of research, three common sense themes emerged." The report concluded the optimal means of reaching the most Americans will be through a healthy, incentivized private market in partnership with a public program on sound fiscal footing. This could be accomplished through: 

  • Improved consumer education, including a re-boot of the "Own Your Future" campaign and stabilized funding for the federal government’s official LTC educational site (;
  • Enhanced tax advantages for the purchase of LTC insurance, including the ability to use qualified (ie. retirement) funds for this purpose, without penalty;
  • Sensible Medicaid reforms, including the closure of abusive loopholes and a reduction in the size of the home equity exemption

The timing of the visit could not have been better: one day earlier the Senate hosted a symposium on the same topic (“Solving America's Long Term Care Crisis: What We Can Do Now to Fix the $750 Billion Problem") attended by several of the same advocacy groups whose principles are reviewed in LTCA’s report. And in less than two weeks, the United States will kick off its 16th consecutive “Long Term Care Awareness Month,” an annual event featuring broad media coverage and increased attention from the insurance community.

Forman continued, “In her position as ranking member of the Senate’s HELP Committee (Health, Education, Labor & Pensions), Senator Murray is well-positioned to advance legislation benefitting seniors’ retirements. Even as she works across the aisle with Senator Lamar Alexander (R-TN) on healthcare reform, her reputation as a bipartisan bodes well for our 'common ground' recommendations.”

This is not the first time LTCA has advocated for America's aging population. To learn more, visit our website.

About LTCA:

With roots dating back to 1972, Long Term Care Associates, Inc. (LTCA) has entered its 5th decade focused exclusively in the LTC solutions marketplace. Headquartered in Bellevue, WA, the company is proud to serve over five million members of sponsoring organizations, and count the claim payments to its clientele in the tens of millions of dollars.