Long-Term Care Insurance: Connecticut's Public-Private Partnership Has Steady Growth
Program to Promote Long-Term Care Insurance for the Elderly
Connecticut became the first state to implement a public-private partnership to finance long-term care in 1992. The policies allowed purchasers to keep control of their assets equal to the amount the insurance policy paid for long-term care services.
The project was part of the Robert Wood Johnson Foundation's (RWJF) national Program to Promote Long-Term Care Insurance for the Elderly.
Key Results:
- Sales of policies from the Connecticut Partnership for Long-Term Care have grown steadily since the program's inception.
- As of September 30, 2000, 13,692 policies were in effect.
Program to Promote Long Term Care Insurance for the Elderly Project Results
Individual project results from the RWJF national program, Program to Promote Long Term Care Insurance for the Elderly
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