By Zachary T. Anderson
ABOUT THE ARTICLE
As America’s elderly population rapidly grows, the number of elders that will require Long-Term Care (“LTC”) will correspondingly increase. Many elders lack the financial resources to pay for such care, and existing government programs that currently pay for LTC are underfinanced. While solutions have been proposed, no proposed solution has solved the core issue: how will millions of elders pay for LTC? It is imperative that a viable LTC financing reform solution be introduced and implemented. This Note analyzes a few of the many proposed solutions, establishes a framework that a viable solution should satisfy, and finally proposes a financing solution that could solve the LTC financing crisis.
ABOUT THE AUTHOR
Zachary T. Anderson is the Internet Editor 2017-2018, Member 2016-2017, The Elder Law Journal; J.D. 2018, University of Illinois, Urbana-Champaign; Bachelor of Liberal Arts Degree, 2012, University of Illinois, Springfield.