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August 30, 2002
Governor Cayetano has appointed a temporary board of trustees to
design a Long-Term Care Financing Program as called for in H.B. 2638,
C.D. 1, Twenty First Legislature, 2002.
The legislature found that because of the increasing numbers of
Hawaii's residents who will need long-term care services, there is a
compelling need to create an affordable method of financing those
services. The method should be affordable and suitable for the majority
of residents.
The new trustees are Norman Baker, Child and Family Services; Dan
Jessop, Queen's Medical Center; Bruce McCullough, consumer advocate and
member Policy Advisory Board for Elderly Affairs, Mary Sellers,
Executive Vice President and Manager, Credit Review, Bank of Hawaii and
Jeffrey Watanabe an attorney with Watanabe, Ing and Kawashima.
Collectively, the trustees have experience in government
administration, health care, social services, finance and business
law.
The Board is presently reviewing options for determining the amount
of and means of collection of fees, determining the nature of and
amount of benefits and recommending a third-party administrator. In the
upcoming months the Board will be holding discussions with experts in
the fields of taxation, third party administration and meeting with the
actuaries who prepared the 2002 actuarial report for the legislature.
The Board will issue its findings and recommendations to the 2003
Legislature.
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