The New York Times: Getting Old Is a Crisis More and More Americans Can’t Afford

Michelle Cottle on the impact of Convergence’s Long-Term Care Financing Collaborative: “In 2012, a broad cross-section of policy experts, consumer advocates and industry representatives formed the Long-Term Care Financing Collaborative to explore more sustainable funding models. The central recommendation of the group’s final report, issued in 2016, was the creation of a universal public insurance program…

Variations on the catastrophic-plan idea have received support from many quarters — most recently from Representative Thomas Suozzi, a New York Democrat and former certified public accountant. Last month he introduced legislation that would establish such a program.”

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