Chinese delegation looks for LTC insight in Washington

Paul Forte tells visitors from China about the U.S. private long-term care insurance market. (LTC Partners photo) Paul Forte tells visitors from China about the U.S. private long-term care insurance market. (LTC Partners photo)

Officials from China see the United States as a possible source of ideas about ways to provide and pay for long-term care (LTC) for their own people, according to LTC Partners L.L.C.

A 22-member delegation from China recently visited Washington to see how the United States handles LTC delivery and LTC finance, the company says.

See also: China faces Alzheimer’s care crisis

The delegation met with Paul Forte, the chief executive of LTC Partners, along with representatives from the federal Administration for Community Living, the federal Administration on Aging, the American Council of Life Insurers, and Washington-area LTC facilities.

Demographers in China expect people ages 65 and older to make up about one-fifth of their country's population by 2050, and for about half of the country's adult residents to be over the age of 65.

China's family planning effort may have prevailed at slowing population growth, and pressure on natural resources, but forecasters say it may also reduce the ability of China's older residents to rely on the support of family caregivers.

See also: China developers chase next gold mine with health care blitz

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