CONTACT US
Office Hours:
Monday - Friday
8:00am - 5:00pm
203.458.4200 Guilford Office
203.288.1623 Hamden Office
Serving Ansonia, Beacon Falls, Bethany, Branford, Cheshire, Chester, Clinton, Deep River, Derby, Durham, East Haddam, East Haven, Essex, Guilford, Haddam, Hamden, Killingworth, Lyme, Madison, Milford, New Haven, North Branford, North Haven, Northford, Old Lyme, Old Saybrook, Orange, Oxford, Seymour, Shelton, Wallingford, West Haven, Westbrook, Woodbridge, CT

CT Long Term Study Results

September 26, 2012


CT's Long-Term Care System 'Must Rebalance' toward Providing More Home Care to Save Costs, Study Finds


Connecticut Could Save More than 25% of Long-Term Care Cost Increases with 75% Home, Community-Based Long-Term Care.

 

A study released in 2010, and still meaningful today, recommends that the state should look to home and community-based care to reduce its long-term care costs dramatically. The study was commissioned by the Connecticut Regional Institute for the 21st Century (CRI) and conducted by Blum Shapiro Consulting.

 

"Connecticut's long-term care Medicaid payment system, which accounted for 14% of the state's total 2009 expenditures, will cost as much as $5.847 billion by the year 2025," projected Brian Renstrom, a partner with Blum Shapiro. Compared with the $2.498 billion the state spent on Medicaid long-term care for 2009, that would mark an increase of $3.349 billion over the next 15 years, but more utilization of home and community-based care and services could save a hefty $900 million per year by 2025, according to the study.

 

How could this be achieved? "By rebalancing its long-term care system and achieving its goal of 75% of care being home and community-based over the next 15 years, Connecticut can reduce its projected $5.847 billion in long-term care costs by $900 million per year by the year 2025," Renstrom reinforced.

 

The key to a successful rebalancing of long-term care is to recognize the importance of both institutional care and home and community-based services in the long-term care continuum, the study finds, and "to continue a system that appropriately provides the right care at the right time." "Finding ways to avoid an ever-increasing spiral of long-term care costs funded by the state is in everyone's best interest," Renstrom contended, also citing a study by the University of Connecticut that determined 80% of the state's residents would prefer to receive long-term care in their homes.

 

Complete findings of the study and more information are available at www.ctregionalinstitute.org.  Watch a video report on this study at www.youtube.com/watch?v=Sl0qso65NYo




[ Go Back ]