About the Session:
The Brookings Institute released a proposal in March which recommends reforming elder care through a universal Medicare home care benefit that includes a wealth-related cost-sharing system. The benefit would be universal; existing restrictive Medicaid asset cutoffs would be eliminated. Authored by experts including Richard G. Frank, Sherry Glied, and others, the plan replaces current asset caps with a progressive, income-based contribution model to ensure sustainable, dignified care. The report can be found here:
https://www.brookings.edu/wp-content/uploads/2026/03/20260326_CHP_Frank_Longtermcare_FINAL.pdf
Richard Frank, PhD, is the Margaret T. Morris Professor of Health Economics emeritus in the Department of Health Care Policy at Harvard Medical School and a senior fellow and Director of the Center on Health Policy at the Brookings Institution. From 2009 to 2011, he served as the deputy assistant secretary for planning and evaluation at DHHS directing the office of Disability, Aging and Long-Term Care Policy. From 2013 to 2014, he served as a Special Advisor to the Office of the Secretary at the Department of Health and Human Services, and from 2014 to 2016 he served as Assistant Secretary for Planning and Evaluation in the Department of Health and Human Services. His research is focused on the economics of mental health and substance abuse care, long term care financing policy, prescription drug policy health care competition, and disability policy. He was elected to the Institute of Medicine (National Academy of Medicine) in 1997.
Sherry Glied, PhD, is Professor of Public Service at New York University’s Robert F. Wagner Graduate School of Public Service. She served as Dean of the school from 2013 to 2025. From 1989-2013, she was Professor of Health Policy and Management at Columbia University’s Mailman School of Public Health and was Chair of the Department of Health Policy and Management from 1998-2009. She served as Assistant Secretary for Planning and Evaluation at the Department of Health and Human Services, from 2010 to 2012. She previously served as Senior Economist for health care and labor market policy on the President’s Council of Economic Advisers in 1992-1993, under Presidents Bush and Clinton. Glied’s principal areas of research are in health policy reform and mental health care policy. She is a Nonresident Senior Fellow of the Brookings Institution and an elected member of the National Academy of Medicine, National Bureau of Economic Research, National Academy of Social Insurance, and the American Academy of Arts and Sciences.
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