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phone survey of the top 25 employers (by number of employees) to obtain information about Minnesota employers activities regarding long-term care insurance. The summary is entitled Survey of Minnesota employers that offer long term care insurance to employees.
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Medicaid savings for Minnesota ’s long-term care insurance program: In 1999, the Minnesota Department of Employee Relations contracted with DataChron Health Systems to undertake a study of the impact that the State of Minnesota ’s long-term care insurance plan for public employees would have on future Medicaid spending. The report, Analysis of Medicaid Cost-Savings in Minnesota’s Proposed New Long Term Care Insurance Program for Public Employees and Retirees, found that enrolling just one percent of eligible persons each year beginning in 2000 could result in a savings of $20 million dollars by 2020.
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Long-term care decision making: In 2001, CNA sponsored an in-depth study using the State of Minnesota ’s employee group as subjects. Conducted by the University of Minnesota Department of Social Science, the study was entitled Long Term Care Insurance Employee Decision Making (executive summary), and examined individual and family level long-term care risk management decision making processes and outcomes.
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Employer interest in long-term care insurance: During 2002 and 2003, the Minnesota Board on Aging undertook a study of Minnesota employers’ attitudes toward long-term care insurance, as required by a 2001 state law. The study, as summarized in the March 2003 report, Study of Employer Interest in Long Term Care Insurance, was conducted for the board by Long Term Care Group, Inc. in conjunction with Malone Consulting.
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Long-term care insurance producer workshops: In the fall of 2003, the Minnesota Department of Human Services Aging Initiative hired McCoy, Scott & Company to conduct two half-day workshops of agents, brokers and consultants involved in marketing long term care insurance to individuals and groups in Minnesota. The purpose was to help identify opportunities for the State of Minnesota to help overcome barriers to success. In preparation, the Minnesota Department of Employee Relations developed Minnesota Long Term Care Insurance market, 2003. The results of the workshops are summarized in the report, Private Long Term Care Insurance Workshops, which recommended establishing a single source of objective information regarding persons’ need for long term care. |
