LTSS/HCBS - McKnight's Senior Living

LTSS/HCBS

close-up of money, $100 bill stack

U.S. Treasury task force: Federal government must educate public about LTC costs

The Treasury and other federal agencies should do a better job educating consumers about long-term care and the need to finance it. That’s according to a report released last week by the Federal Interagency Task Force on Long-Term Care Insurance. The analysis, which summarizes two years worth of LTC insurance system review, noted that the Financial Literacy Education Commission should include long-term care planning among its retirement education topics.

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