Bill > S01179

This bill establishes the New York Long Term Care Trust Program, a comprehensive state-administered program designed to provide long-term care benefits for eligible residents. The program will be funded by mandatory premium contributions from employees and self-employed individuals, with the goal of helping New Yorkers access long-term care services without spending down their entire life savings. Key provisions include creating a Long Term Care Trust Fund, establishing a Long Term Care Trust Commission to oversee the program, and defining eligibility criteria for receiving benefits. Individuals will be eligible for benefits if they are 18 or older, have paid premiums for at least three years within six years preceding their application, and require assistance with at least two activities of daily living. The program will cover a wide range of services, including home care, adult day services, nursing home care, and support for family caregivers. The initial daily benefit will be $200, with annual adjustments, and individuals can receive up to 365 benefit units over their lifetime. The bill also provides exemptions for certain groups, such as veterans with significant service-connected disabilities and individuals with existing long-term care insurance. The program aims to reduce the financial burden of long-term care on middle-class families and potentially decrease Medicaid expenditures by providing an alternative care funding mechanism.

Health and Social Services

https://www.nysenate.gov/legislation/bills/2025/S1179