News Summary

DAYTON — Stephen Moses will talk about shifting the tab for nursing homes and other long-term care from government to private insurance and home equity when he speaks to the National Association of Insurance and Financial Advisors, Dayton Association Thursday, Sept. 18.

The president of the Center for Long-term Care Reform will headline NAIFA-Dayton's noon luncheon meeting at the NCR Country Club, 4435 Dogwood Trail in Kettering. Nonmembers can attend and reservations are required. For more info., contact Melissa Bowling at (937) 298-5558 or adminoffice@erinet.com.

Making a year-long National LTC Consciousness Tour, Moses lives in an Airstream trailer that's called The Silver Bullet and decorated with the logos of sponsoring insurance companies.

Long-term care expenses are straining state and federal Medicaid budgets even before most Baby Boomers retire. The problem, Moses says, is that government programs pay too readily for people without LTC insurance or sufficient wealth of their own. He described his solution in his Aug. 27 posting at www.centerltc.com:

"Target public financing of long-term care to the truly needy," Moses wrote, "and use the savings to incentivize responsible long-term care planning through private financing alternatives like insurance and home equity conversion."

— Kevin Lamb, Staff Writer