Abstract

http://ssrn.com/abstract=2469412
 


 



Leveraging Filial Support Laws Under the State Partnership Programs to Encourage Long-Term Care Insurance


Jamie Patrick Hopkins


The American College

Ted Kurlowicz


The American College

Christopher P Woehrle


The American College

July 21, 2014

Widener Law Review, Vol. 20, No. 165, 2014, 20 Widener L. Rev. 165 (2014)

Abstract:     
As thousands of the United States’ baby-boomers retire each day, people live longer, families disperse, and the population ages. Financing long-term care needs has become an increasingly important focal point in both civilian and government budget discussions. In order to reduce reliance on government provided long-term care funding programs such as Medicaid, states can leverage the often unenforced filial responsibility laws and State Long-Term Care Partnership Programs. Through the enforcement of existing filial responsibility laws, states can provide the proverbial “stick” to incentivize people to purchase long-term care insurance by increasing their personal liability for their family members’ long-term care expenditures. Furthermore, by offering liability protections from filial responsibility laws under the state’s long-term care insurance partnership program, states will be able to offer a “carrot” to encourage participation in the long-term care insurance market. Ultimately, by leveraging these two existing legal structures, states can incentivize the purchase of long-term care insurance and reduce reliance on government provided long-term care financing programs.

Number of Pages in PDF File: 34

Keywords: long-term care, insurance, long, term, state, laws, Medicaid, Medicare, retirement, Partnership, State Partnership Programs, spend, down

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Date posted: July 23, 2014  

Suggested Citation

Hopkins, Jamie Patrick and Kurlowicz, Ted and Woehrle, Christopher P, Leveraging Filial Support Laws Under the State Partnership Programs to Encourage Long-Term Care Insurance (July 21, 2014). Widener Law Review, Vol. 20, No. 165, 2014, 20 Widener L. Rev. 165 (2014). Available at SSRN: http://ssrn.com/abstract=2469412

Contact Information

Jamie Patrick Hopkins (Contact Author)
The American College ( email )
Bryn Mawr, PA 19010
United States
610-526-1441 (Phone)
HOME PAGE: http://www.theamericancollege.edu/why-us/faculty/jamie-patrick-hopkins-esq.-j.d.-m.b.a
Ted Kurlowicz
The American College ( email )
Bryn Mawr, PA 19010
United States
Christopher P Woehrle
The American College ( email )
Bryn Mawr, PA 19010
United States
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