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Title: Long-term care financing: options for the future. Author: Mulvey J, Li A. Journal: Benefits Q; 2002; 18(2):7-14. PubMed ID: 12004582. Abstract: The aging of the baby boomers will have an enormous impact on the future of long-term care costs. This article projects the magnitude of that impact, discusses sources of financing, and considers the cost and feasibility of three options for financing future long-term care services. The authors investigate the alternatives of increasing personal savings, raising payroll taxes and expanding employer-sponsored private long-term care insurance coverage, respectively.[Abstract] [Full Text] [Related] [New Search]