Newspaper article THE JOURNAL RECORD

State of Oklahoma Selected for Insurance Program

Newspaper article THE JOURNAL RECORD

State of Oklahoma Selected for Insurance Program

Article excerpt

Oklahoma was one of 10 states selected to participate in a new project to develop long-term care insurance options for consumers.

The Center for Health Care Strategies created the Long-Term Care Partnership Expansion Project to help Americans plan for long-term care needs. States taking part in the initiative work with private insurers to create insurance options that protect consumer assets and minimize the risk to state Medicaid program budgets. The initiative is supported by the Robert Wood Johnson Foundation.

The Oklahoma partnership project is being developed. It is expected to be in operation by mid-2008.

Senate Bill 1547, sponsored by state Sen. Kathleen Wilcoxson, R- Oklahoma City, and state Rep. Joan Greenwood, R-Moore, authorized the program.

"It provides coverage for low-income people and many middle- income individuals who have become nearly impoverished by spending down their assets to cover the high costs of long-term care," said Cassell Lawson, director of Opportunities for Living Life at the Oklahoma Health Care Authority. …

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