McCormack Speaks

December 20, 2016
by McCormack Speaks
1 Comment

Public Support Needed to Advance Insurance-based Solutions to Financing Long-Term Services and Supports

by Marc Cohen, Director of the Center on Long-Term Services and Supports

On November 30, I was invited to testify before the Subcommittee on Government Operations of the Committee on Oversight and Government Reform.  The committee examined why employees participating in the federal long-term care insurance program were experiencing such large rate increases and what might be done to make program premiums more predictable and stable.  Participants on the panel included representatives from the Office of Personnel Management, John Hancock Insurance Company, and the National Association of Retired Federal Employees.

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