Wednesday, January 31, 2024
2:00 - 3:00 pm
Eastern Time
Public Policy for Long Term Care
Speaker: Mark J. Warshawsky
ABOUT THE TOPIC:
The speaker will present his perspectives on the following topic: “Long term care (LTC) in the United States is financed by a mix of private and, mainly, public funds. With the current and projected aging of the population, it is not fiscally sustainable. The system—especially public insurance—is also unfair, riddled with bad incentives and poorly administered and is getting worse. Yet the existing structure, including private insurance, can be improved and the situation rectified by a few key changes, as outlined in this session.”
ABOUT THE SPEAKER:
Mark J. Warshawsky is a senior fellow at the American Enterprise Institute (AEI), where he focuses on Social Security and retirement issues, pensions, long-term care, disability insurance, and the federal budget.
Before joining AEI, Dr. Warshawsky served as deputy commissioner for retirement and disability policy at the Social Security Administration. Earlier he served as a member of the Social Security Advisory Board, vice chairman of the federal Commission on Long-Term Care, and assistant secretary for economic policy at the US Department of the Treasury, where he had a key role in the development of the Pension Protection Act of 2006. He has also held senior positions at Towers Watson, the Federal Reserve Board, the IRS, and the TIAA-CREF Institute.
Dr. Warshawsky was also a senior research fellow at George Mason University’s Mercatus Center, a visiting scholar at the MIT Golub Center for Finance and Policy, and president of ReLIAS, a firm specializing in customized retirement income strategies. He is the architect of the life care annuity, a product integrating the immediate life annuity and long-term care insurance benefits.
Dr. Warshawsky has testified often before Congress. He is the author, coauthor, or coeditor of eight books, including Retirement Income: Risks and Strategies (MIT Press, 2011) and the ninth edition of Fundamentals of Private Pensions (Oxford University Press, 2010). His work has appeared in the American Economic Review, the Quarterly Journal of Economics, Health Affairs, the Journal of Financial Planning, the Journal of Retirement, the Journal of Risk and Insurance, Tax Notes, RealClearPolicy, RealClearMarkets, the Hill, and the Wall Street Journal, among other outlets.
He has a PhD in economics from Harvard University and a BA in economics from Northwestern University.
TO ACCESS THE MEETING:
https://ahip-org.zoom.us/j/83956477037?pwd=aU1DaWQ4aUgxazNncnNBZ1o1SC9lUT09
Meeting ID: 839 5647 7037
Passcode: 912233
Dial-in: +1 301 715 8592 US