Life care: new options for financing and delivering long-term care.
Continuing care retirement communities provide full insurance protection for and access to long-term care services. A new model, which retains risk pooling for long-term care and provides benefits and protections similar to continuing care retirement communities, is called life care at home. Life care at home combines the financial and health security of a continuing care retirement community with the freedom and independence of living at home and is affordable to a greater proportion of elderly people. The feasibility of this model is, in part, supported by the fact that nursing home use in the fully insured access-guaranteed continuing care retirement community is not that different from use among the elderly living in the general community.
D000367:Age Factors; D000368:Aged; D006699:Home Care Services / Q000191:economics*; D006707:Homes for the Aged / Q000191:economics*; D006801:Humans; D007407:Interviews as Topic; D008134:Long-Term Care / Q000191:economics*; D008137:Longitudinal Studies; D008962:Models, Theoretical; D009735:Nursing Homes / Q000706:statistics & numerical data; D012179:Retirement; D012307:Risk Factors; D011795:Surveys and Questionnaires; D014481:United States