Browsing by Author "Keaveny, Jackie"
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Item Status of Long-Term Care Financing Products in Minnesota(Hubert H. Humphrey School of Public Affairs, 2012-05-25) Connor, Liz; Jones, Allison; Keaveny, JackieMinnesota expenditures for long-term care (LTC) services through the Medical Assistance (MA) program are unsustainable. In 2010, Minnesota spent approximately $1.281 billion annually on LTC through MA.1 The influx of baby-boomers needing LTC in the near future will only add to this growing budget. As part of a response to this problem, Minnesota is undertaking a public awareness campaign called Own Your Future (OYF). This report provides an update to the Minnesota Department of Human Services’ 2005 report to the Legislature, “Financing Long-Term Care for Minnesota’s Baby Boomers.” It also offers a springboard for discussion, analysis, and decision-making within the OYF leadership team as the team seeks to address the problem of financing LTC.