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December 6, 2002

Long Term Care Financing Board to present findings and recommendations at public briefing

The Long Term Care Financing Board of Trustees will release their findings and recommendations concerning a universal and affordable system of providing long term care in a public briefing on Wednesday, December 11 at 10:30 a.m. in room 309 at the State Capitol.  The public is invited to attend and provide feedback on the proposal.

In legislation passed last session, the purpose of the Board was to design a program with a means of financing that is affordable and suitable for the majority of residents.  The program is to promote individual choice and discretion in selecting and paying for long term care services.

The legislature found that people in Hawaii are living longer due in large measure to the state's excellent health care.  As the baby boomer generation ages, there will be a host of social and economic demands. Aging brings increasing risks of chronic health diseases all of which necessitate intense daily care in the later years of life. It would be ironic if the state could not care for the elderly who have benefited from the enhanced health care received in their younger years.

The dynamics of extended families in Hawaii is changing, placing impossible financial and social hardships on Hawaii families. There is a compelling need to create an affordable method of financing services to assist families who wish to keep their elderly family members at home.

New legislation is expected to be introduced this year to establish the Hawaii Long-Term Care Financing program.

Copies of the Board's report will be available from the Executive Office on Aging (EOA) at 586-0100. The report will also be posted on the EOA website at www2.state.hi.us/eoa/

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