The Forum on Long-Term Care Financing was held on January 7, 2020 at the McNamara Center at the University of Minnesota. Approximately 150 individuals attended. The University of Minnesota Long-Term Care Refinancing Committee in collaboration with the Minnesota Department of Human Services convened the Forum to identify and explore implementation of possible policies to finance long-term care for older adults in Minnesota.

The Forum featured three plenary sessions involving national experts that addressed new funding strategies for long-term care in Minnesota. In addition, six concurrent sessions were held on more specific issues related to financing of long- term care and related topics. Four legislators were invited to offer their comments on the options described at the Forum. 

Please explore this page to learn more about the Forum presentations, view selected sessions, and read about the recommendations that emerged. Additional information about the Forum are available at the Own Your Future website: https://mn.gov/dhs/ownyourfuture

McCarron, H., Birkeland, R., Baker, Z., Johnson, E., Nkimbeng, M., Stabler, H., Millenbah, A., & Peterson, C. (2020). Forum on Long-Term Care Financing: Summary Report. School of Public Health, University of Minnesota, Minneapolis, MN.

Presentations

Forum on Long-Term Care Financing Agenda

“A New Approach to Long-Term Care Financing” Marc Cohen, Co-Director, LeadingAge Long-Term Services and Supports (LTSS) Center at UMass Boston 

Full Presentation: Cohen, M. A. (2020).  A New Public Private Partnership: Catastrophic Public and Front End Private Long Term Care Insurance. Forum on Long-Term Care Financing, University of Minnesota, Minneapolis, MN. 

“Could Minnesota Create a Statewide LTSS Program Like the State of Washington?” Catherine Kinnaman, Deputy Director of HQ Operations, Home and COmmunity Services Division for Aging and Long-Term Services Administration, Department of Social and Health Services, State of Washington

Full Presentation: Kinnaman, C. (2020). Long Term Services and Supports Trust Act. Forum on Long-Term Care Financing, University of Minnesota, Minneapolis, MN. 

“Status of Long-Term Care Insurance In Minnesota”

“New Role for Medicare in Long-Term Care”

“Designing Universal Family Care”

“The Lifestage Product: Next Steps” 

“Society of Actuaries Catastrophic LTC Research”

“What Do Consumers Want in a Long-Term Care Financing Product?”