Still Broken, Mostly Ignored: Long-Term Care Insurance in the U.S.
Monday, May 8, 2023
12:30 - 1:30 p.m. ET
Co-Sponsor: HEADS Center
The U.S. market for long-term care insurance has been so broken for so long that it sometimes seems that we’ve collectively decided it’s not fixable. Yet the need is acute. The U.S. population is living longer and tens of millions will need long-term care, whether at home or in a nursing home (which costs more than $90,000 a year). Yet only about one in ten families have long-term care insurance, which is expensive. Much of the caregiving as well as the financial burden falls on family members; and families deplete assets, ending up on Medicaid.
Panelists:
Allison K. Hoffman, J.D
Deputy Dean and Professor of Law at the University of Pennsylvania Carey Law School and Senior Fellow at Penn’s Leonard Davis Institute of Health Economics
Hoffman’s work examines health insurance regulation, the Affordable Care Act, Medicare, and long-term care. Previously, she was on the faculty at UCLA School of Law, practiced health law at Ropes & Gray LLP, and was a consultant at The Boston Consulting Group and The Bridgespan Group. Her current projects include work on the 3rd Edition of The Politics of Medicare with Ted Marmor and an examination of the regulation and evolution of the profession of medicine.
Joanne Lynn, MD, MS, MA
Elder Care Consultant, Author, and Advocate
Previously, Dr. Lynn was a Policy Analyst in the Program for Eldercare Improvement at Altarum. One of the first hospice physicians in the US and an early developer of palliative care, Dr. Lynn is the author of 300 peer-reviewed journal articles and 80 books and chapters on geriatrics, palliative care, and end of life care. She has been a tenured professor at the George Washington School of Medicine and at Dartmouth Medical School and has worked in quality improvement for CMS, IHI, and the Washington, DC, Department of Health. She has led the team that has developed the MediCaring Communities reform model for eldercare and is working to generate communities capable of improving the performance of their eldercare arrangements. Other current projects include the expansion of PACE to serve elders who are not enrolled in Medicaid and enabling better conditions for paid and unpaid caregivers.
Moderator:
Joanne Kenen, BA
Commonwealth Fund Journalist-in-Residence. Assistant Lecturer, Johns Hopkins Bloomberg School of Public Health
Joanne is also a member of the HBHI Leadership Team and a Core Faculty Member.
Conversations on the Business of Health
Webinar Series
This event is part of a larger series on 'Conversations on the Business of Health,' which will be one-hour webinars that will engage leaders in business and academia. We will explore questions such as:
- Should companies invest in their employees’ health?
- Are companies responsible for the health consequences of their products?
- Will artificial intelligence actually advance health?
- How can business offer healthcare in novel settings?
Moderated by faculty members and jointly hosted by the Bloomberg School of Public Health, the Carey Business School, the School of Nursing, and the School of Medicine, the series is open to all. Indeed, we invite you to spread the word as we seek participants both inside and outside of Johns Hopkins, including the business world.
Seminars will be on a Friday from noon to 1 p.m. unless otherwise noted.