December 2007 Monthly Call: Private-Pay Consumer LTC Financing Decisions

On this call, Barb Stucki from the National Council on Aging was our guest presenter. She discussed how to empower consumers to make wise financial decisions for long term care. She will also explain why NCOA is pursuing the Public/Private Partnership Demo, which emphasizes the goals of helping people manage financial risk, establishing a program that enables seniors to get more affordable loans, as well as providing seniors with a supportive network that ADRCs can be a part of.

Related Materials

• Call Notes in PDF or Word
• Click here to view an archived recording of the call and presentation.
  • This link will direct you to the GoToMeeting website, where you will have to input some basic information as if you were registering for the original call before being directed to the recording.

Call Resources

Presentation: "Private Pay Consumer LTC Financing Decisions" (PDF) or (Powerpoint)
Barb Stucki, NCOA
This is the presentation for the December Monthly Call on Private-Pay Consumer LTC Financing Decisions.
Added Dec-6-2007

Feedback

19/32 call attendees responding: 59% response rate

• Survey Question: Did you take away sufficient information to apply the concepts to your project?
  • 16/19 = 84% = Yes
  • 3/19 = 16% = Not Sure
  • 0/19 = 0% = No

• Survey Question: Would you be interested in additional resources on this topic?
  • 15/19 = 79% = Yes
  • 3/19 = 16% = Not Sure
  • 1/19 = 5% = No

• If so, what types of resources would you find helpful?
  • How to begin/establish private pay services through an ADRC which currently focuses on the Medicaid population.
  • More information on workshops, mentioned during the webinar, that some states have done specifically on Reverse Morgage Counseling through their ADRCs.
  • Powerpoint on this topic for presentation to ADRC audiences
  • Contact information to place on Statewide website. Several resources in state but no statewide or national resource to promote.
  • Aging in place ideas/services in combination with reverse mortgages
  • What to do/say when foreclosure looms
  • What sorts of information is available from the Real Estate Industry and Mortgage Banking Industry — in other words, who else is counseling seniors on these matters?
  • More info on outreach to the private pay consumer and how to initiate conversations about future planning

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