According to the Connecticut Partnership, in its Survey of Home and Community Based Provider Rates, the average private daily rate for skilled, intermediate nursing home care is $299.00. That's an average annual cost of $109,100.00! How many of us can afford this for one of our loved ones?
State Comptroller Nancy Wyman recently announced the selection of MetLife as the new LTC insurance provider for State employees and retirees. The vendor will be reaching out to our members at "open enrollment" health fairs, at Chapter meetings, and by mail to explain its LTC insurance.
At the same time, we are advocating for three legislative proposals in the General Assembly to bring much-needed relief to the high cost of care, and improve access to in-home care.
UCONN Connecticut Long-Term Care Needs Assessment Reports Proposed SB 557: "An Act Concerning a Tax Credit on the Corporate Business Tax for Providing Long-Term Care Insurance and Paying Premiums for Employees" Proposed SB 561: "An Act Concerning 'The Money Follows the Person' Project Proposed SB 567: "An Act Concerning the Connecticut Home-Care Program for the Elderly" Office of Legislative Research "Money Follows the Person Demonstration" Report CT News Junkie article on "Money Follows the Person" legislation State of Connecticut Employee & Retiree Long Term Care Insurance Program