Friday, December 02, 2005
Insurers Push for LTC Partnerships, but Reconciliation May Have to Wait
Life and health insurers continue to lobby an upcoming conference on House and Senate spending reconciliation bills to keep provisions expanding long-term care "partnership" programs, even as some observers note the odds that Congress will complete its conference reports by year end have grown increasingly slim.
Included in deficit-reduction packages moved last month by both the House and Senate, the provisions would reverse a decade-old federal prohibition on expansion of the programs as part of a spate of measures seeking to contain rapidly spiraling Medicaid costs. But program details vary significantly between the Senate and House plans, with most insurance industry groups expressing clear preference for the latter.
Insurers Push for LTC Partnerships, but Reconciliation May Have to Wait
Source: A.M. Best (subscription required)
Included in deficit-reduction packages moved last month by both the House and Senate, the provisions would reverse a decade-old federal prohibition on expansion of the programs as part of a spate of measures seeking to contain rapidly spiraling Medicaid costs. But program details vary significantly between the Senate and House plans, with most insurance industry groups expressing clear preference for the latter.
Insurers Push for LTC Partnerships, but Reconciliation May Have to Wait
Source: A.M. Best (subscription required)
Permalink posted by armandn @ 11:51 AM 
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