Financial Risks Due to Long-Term Care

This document is about the current and future landscape of long-term care utilization, costs, and financing mechanisms in the United States. It analyzes the financial risks posed by long-term care for individuals, the Medicaid program, and potential solutions involving expanded private insurance coverage. The report draws on academic and trade literature, as well as primary research using skilled nursing facility cost reports, Form 5500 filings, and the Health and Retirement Study data.