The Public Policy and Alternative Solutions track focuses on new and innovative alternatives to and features within today’s long term care (LTC) insurance products in order to better address the LTC risks and costs facing the American public. And there is so much happening right now that our track is pleased to welcome an additional co-chair to help us plan a relevant and exciting set of sessions. Wendy Fox-Grage of the National Association of State Health Policy (NASHP) joins John O’Leary and Eileen J. Tell in this endeavor.
The sessions in this track explore the latest trends and insights in policy, medical research and protocols, emerging technologies and caregiving to identify and foster new ways to pay for and deliver LTC and ways to reduce the costs of care and potentially mitigate the need for LTC in the first place. The track brings to light new research and ideas from outside the traditional LTC insurance environment including alliances between the public and private sectors seeking solutions for the LTC challenges facing society. Our aim is to identify and explore new ways to lessen the costs borne by federal and state governments, and by individuals paying out-of-pocket, by expanding the potential for private and new models of public funding to help address the growing LTC financing and care delivery crisis.
So, what’s in store? We plan to reprise our ever popular “Panel of Pundits,” to offer insights into how state and federal politics will impact our industry. We anticipate this session will be particularly relevant coming into the dynamic political environment of 2020 Another session will present the first-ever research findings comparing buyers and non-buyers of combination Life/LTC buyers with traditional product purchasers. And never before on ILTCI’s radar – a session on Cannabis/CBD as a potential aide in helping seniors better manage their chronic conditions.
Finally, our track is also bringing to ILTCI a focus on fascinating new technologies including those that improve the early detection and management of Alzheimer’s and dementia. These hold out the hope of mitigating and delaying claims, and making it easier and safer for individuals with cognitive deficits to remain at home, and to better manage care and costs .
We know you have session choices when you attend ILTCI, but we hope you will give the Public Policy and Alternative Solutions Track a try!