Navigation Links
Poll Shows Voters Want Long Term Care Included in Presidential Candidates' Healthcare Proposals, Released at 2007 National Long Term Care Symposium
Date:10/11/2007

Event Debuts New 'Future of Long Term Care in America' Book with Noted

Experts

WASHINGTON, Oct. 11 /PRNewswire-USNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) today convened a national symposium of noted experts from the healthcare industry, seniors organizations, government and academia on Capitol Hill to discuss the future of long term care in America. It also released the results of a new poll on the importance of long term care in the 2008 elections and a new book on the future of long term care in America.

Representatives from organizations such as AARP, the American Association for Homes Services for the Aging (AAHSA), the American Health Care Association (AHCA), the Alzheimer's Association and the National Alliance of Caregivers (NAC) participated in an exchange of ideas and solutions aimed at addressing the looming crisis America faces amid rising long term care costs and a lack of sufficient planning at the national, state and individual levels.

The 2007 National Long Term Care Symposium, moderated by veteran television journalist John Palmer, began with leaders from the Congressional Long Term Care Caucus: Rep. Earl Pomeroy (D-ND), Rep. Shelley Moore Capito (R- WV) and Rep. Tom Allen (D-Maine). Two panels, both composed of contributing authors of the new book, The Future of Long Term Care in America: Views and Recommendations by Prominent Experts, focused on current and future challenges to the nation's long term care system. In addition, the panel shared ideas about how the nation can become better prepared to effectively handle long term care demands in the decades to come.

"It is estimated that 60 percent of those over the age 65 will require a form of long term care at some point," said Buck Stinson, president of Genworth Financial's long term care insurance division. "With the first of the 78 million baby boomers turning 62 next year, we need to be both realistic and prepared for the healthcare demands many of these Americans will have, which is precisely why the discussion we're having today is so important."

According to the new bi-partisan national survey conducted by Public Opinion Strategies (POS) and The Mellman Group -- and presented by Glen Bolger of POS and Mark Mellman of the Mellman Group -- nearly seven in ten Americans have not made any plans for their own, a spouse's or another relative's long term care needs. Yet, over half those surveyed have had a loved one who needed some form of long term care. The poll also found that close to 80 percent of the respondents want to see long term care included in the healthcare proposals offered by the presidential candidates. More than 80 percent of those surveyed also said that positions on long term care funding will be an important factor in deciding who to vote for in the 2008 election.

The polling also showed that Americans are willing to bear part of the responsibility to develop a national long term care program, whether through tax incentives for the purchase of private long term care insurance or through a universal healthcare initiative that include long term care coverage. Sixty percent of voters surveyed supported new taxes or payroll deductions to subsidize a long term care program. Sixty-eight percent of those who supported new taxes or payroll deductions also indicated a willingness to pay between $25 monthly and upwards of $50 per month.

The release of the new publication -- The Future of Long Term Care in America: Views and Recommendations by Prominent Experts -- was a focal point of today's symposium. Genworth Financial published the book to inform policymakers, academics, financial advisors and consumers about the challenges of long term care. As of Monday, it will be available at-cost for less than $10 per copy on Amazon.com and other popular websites that sell books.

The book is comprised of ten chapters, each written by a different author such as AARP CEO Bill Novelli, former Congressional Budget Office Director Douglas Holtz-Eakin, American Health Care Association President and CEO Bruce Yarwood and National Alliance for Caregivers President and CEO Gail Hunt. It covers a wide range of long term care issues including the role of technology in future care, Alzheimer's disease, independent living, public funding for long term care programs, the growing demand and delivery (home-based and facility-based) of long term care services and other relevant topics. More information about the book, including a full list of chapters and their authors, can be found at Genworth.com.

"We commissioned this non-profit book with the goal of providing the authors an open forum to lay out their views and recommendations on how we should provide, fund and improve our long term care system," said Stinson. "It was important to us to give these distinguished authors a platform to freely express their opinions, independent of our positions, so we could provide the public with this valuable information and help policy makers and consumers make informed decisions."

About Genworth Financial

Genworth is a leading financial security company meeting the retirement, longevity and lifestyle protection, investment and mortgage insurance needs of more than 15 million customers, with a presence in more than 25 countries. For more information, visit Genworth.com.


'/>"/>
SOURCE Genworth Financial, Inc.
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. Experimental treatment for Ebola Virus Shows promising results in mice
2. Gene Therapy shows promise in treating Hemophilia
3. New Prostate Cancer Vaccine Shows Promise
4. Leukemia pill shows promise against stomach cancer
5. Stent shows promise in keeping arteries open
6. Drug to treat lung cancer shows promise
7. Latest drug shows promise in multiple myeloma
8. AIDS vaccine falls short but shows some promise
9. Ebola Treatment Shows Promise
10. SARS vaccine shows promise in Animal Testing
11. New Drug Shows Significant Improvement In HIV-related Heart Condition
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/28/2017)... LINCOLN, R.I. (PRWEB) , ... April 28, 2017 , ... Getting enough sleep affects much ... Sleep Foundation (NSF), going just 19 hours without sleep can compromise motor reaction time, which ... Awareness Week, and Amica Insurance is sharing the following tips from the NSF to help ...
(Date:4/28/2017)... ... April 28, 2017 , ... The Radiology Business Management ... officers for 2017-2018. The annual board election process has been in place since the ... , Thomas C. Dickerson, Ed.D., FACHE, succeeds Jim Hamilton, MHA, CMM, FRBMA, as president. ...
(Date:4/28/2017)... ... April 28, 2017 , ... From April ... of Urgent Care Medicine will host industry leaders for the annual spring Convention ... those in the industry adapt to the issues currently affecting urgent care and ...
(Date:4/28/2017)... ... ... and Overseer at The House of Yahweh in Abilene, Texas, has published a new post ... Yisrayl says with so many titles and names for the Creator, it’s hard for ... little Scripture, backed with a lot of research, the truth is undeniable. , “If ...
(Date:4/28/2017)... New York, New York (PRWEB) , ... April ... ... of high-quality anti-aging skincare and advanced nutraceutical supplements, through its Nova ... fast-absorbing cream provides the hydrating benefits of a moisturizer with the power of ...
Breaking Medicine News(10 mins):
(Date:4/20/2017)... -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a ... will be participating in the Deutsche Bank Securities 42nd ... Boston, Massachusetts on Wednesday, May ... Eastern Time. A live webcast of the ... website at http://investor.zimmerbiomet.com .  The webcast will be ...
(Date:4/20/2017)... 20, 2017  RXi Pharmaceuticals Corporation (NASDAQ: RXII), ... address significant unmet medical needs, today announced that ... consumer product development program, based on its proprietary ... Investigative Dermatology (SID) 76 th Annual Meeting.  ... the sciences relevant to skin health and disease ...
(Date:4/20/2017)... R.I. , April 20, 2017  CVS ... CVS), today unveiled a new store design to ... assortment of healthier food, health-focused products and expanded ... store to help customers discover new offerings. Together ... the next evolution of the customer experience at ...
Breaking Medicine Technology: