The Minnesota Department of Human Services Aging and Disability Services Administration Division submitted a request for proposal for a contractor to study options to increase access to long term care financing, services, and support in Minnesota. This contract was awarded to FTI Consulting who is partnering with Altarum to conduct the study. FTI is expected to complete the study sometime in November.
In addition, legislation was introduced in March, 2023, to place a constitutional amendment on the November, 2024 ballot to establish a fund for Long-Term Care services. According to the MN Life & Financial Services Council, this bill has been introduced in previous sessions and has never advanced.
Legislative Task Force on Aging
Minnesotan LTSS Reports
Sources of Information: Trustmark, Finseca, NABIP and NAIFA
Revised: Oct 1, 2024