Democratic presidential hopeful Pete Buttigieg proposes an ambitious long-term care reform plan, including public catastrophic insurance for those over 65.
developed by Marc Cohen of the University of Massachusetts, Boston and Judy Feder of Georgetown University. They’d trigger coverage based on an income-related waiting period. Thus, those with the lowest incomes might be eligible for benefits after one year while those with the highest incomes might have to wait four years.plan adopted earlier this year by Washington State
He’d simplify and standardize policies, create an online marketplace or Medicare Part D drug insurance), and encourage employers to offer private long-term care insurance, including as an opt-out employee benefit.· Expand eligibility for individuals with monthly incomes of up to $2,313 and financial assets of $10,000 .· Expand consumer-directed home-based programs.
While important to care workers, these added benefits would significantly increase costs for families and for Medicaid. They’d also reduce the amount of hours of care families could purchase with his public benefit.
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