Federal Aging Event To Shape Policy Proposals

November 29, 2005 at 07:00 PM
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Long term care and income planning issues crop up often on the agenda for the upcoming 2005 White House Conference on Aging.[@@]

The 4-day conference, required by the federal Older Americans Act Amendments of 2000, is scheduled to start Dec. 11 at a hotel in Washington.

Conference participants are supposed to "develop not more than 50 recommendations to guide the president, Congress and federal agencies in serving older individuals," Edwin Walker, a deputy assistant secretary at the U.S. Department of Health and Human Services, writes in a preamble to the conference agenda.

The agenda appears today in the Federal Register.

The agenda section for the "Planning Along the Lifespan" track features an LTC item in a subsection dealing with efforts to protect older Americans from catastrophic loss.

Speakers for that track will talk about "long term care expenses and ways to assist baby boomers and families in understanding the need to finance long term care, through insurance and other options," according to the conference agenda.

Other planning track speakers will talk about the need for "financial literacy to assist Americans in learning to start saving early and to manage assets to last through longer and longer retirements."

The "Our Community" policy track will include discussions of support for private individuals who provide informal long term care for relatives, friends and neighbors.

A third track, the "Health and Long Term Living" track, includes a major policy item on the need for a "comprehensive, coordinated long term care strategy."

The comprehensive LTC strategy could include "benefits, living wills, end-of-life care, and health measures," according to the conference agenda.

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