title: New directions in life care: an industry in transition.
abstract: Current approaches to financing long-term care are inadequate; they are even less likely to meet future needs of increasing numbers of disabled and chronically ill elderly persons. While insurers, providers, and policy makers are developing models of risk-pooling that cover long-term care, the industry that first put these concepts into practice is moving in other directions. Despite the success of many continuing-care retirement communities in offering full and affordable long-term care coverage, a new trend emphasizes amenities over comprehensiveness. Sponsorship and consumer demand are contrasted with insurability of risks as key issues for the industry and for policy makers.
mesh_terms: D000368:Aged; D003191:Comprehensive Health Care; D006707:Homes for the Aged / Q000191:economics / Q000639:trends*; D006801:Humans; D007221:Industry; D007353:Insurance, Long-Term Care; D010067:Ownership; D014481:United States