Minnesota
Updated 7/29/24
What's on the docket?
The Minnesota Department of Human Services Aging and Disability Services Administration Division submitted a request for proposal for a contractor to study options to increase access to long term care financing, services, and support in Minnesota. This contract was awarded to FTI Consulting who is partnering with Altarum to conduct the study. FTI is expected to complete the study sometime in November.
The Legislative Task Force on Aging was established during the 2023 legislative session “to review and develop state resources for an aging demographic; identify and prioritize necessary support for an aging population through statewide and local endeavors for people to remain in their communities”.
In addition, legislation was introduced in March, 2023, to place a constitutional amendment on the November, 2024 ballot to establish a fund for long-term care services. According to the MN Life & Financial Services Council, this bill has been introduced in previous sessions and has never advanced.
Where do things stand?
The Legislative Task Force on Aging meeting on July 25 included a presentation of findings and recommendations from the LTC Funding Study conducted by external consultant, FTI. The presentation included some emphasis on the need for a combined public and private solution, and recommendations from the study included 1) a state supported system for access to caregiving resources 2) new life and LTC insurance products to meet the state's needs and 3) a state-based catastrophic-lite program that would pay for certain LTC needs after a 2 year elimination period.
Additional resources