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AMERICAN ASSOCIATION OF HOMES FOR THE AGING RESPONDS TO FAMILIES USA REPORT

 WASHINGTON, Feb. 3 /PRNewswire/ -- Michael F. Rodgers, senior vice president, American Association of Homes for the Aging, issued the following statement in response to Families USA report on affordability of long-term care insurance:
 Private long-term care insurance should not be discounted as a vital component of any health care reform plan that addresses the long-term care financing needs of all Americans. Contrary to Families USA's belief that the nation must adopt a social insurance program, AAHA believes that only through a strong public-private sector partnership can we finance long-term care expenses.
 AAHA proposes that private insurance or individuals themselves pay for the first year to two years of long-term care expenses, allowing the public sector to pay for subsequent nursing home expenses and the expenses of those in need.
 If such a plan is adopted, as part of reforming the nation's health care system, it should stimulate the private long-term care insurance market in much the same way as Medicare did with Medicare supplement or Medigap policies. Increased affordability would naturally follow because of decreased risk.
 AAHA is a national nonprofit organization representing over 4,500 not-for-profit nursing homes, senior housing facilities, retirement communities and community services agencies for the elderly. The association is headquartered in Washington, with regional offices in Albany, N.Y; Orlando, Fla.; Chicago; and Denver.
 -0- 2/3/93
 /CONTACT: Scott L. Parkin of the American Association of Homes for the Aging, 202-508-9450/


CO: American Association of Homes for the Aging; Families USA ST: District of Columbia IN: HEA INS SU:

DC -- DC031 -- 2644 02/03/93 17:49 EST
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Date:Feb 3, 1993
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