Insurers' views of the partnership for long-term care

The Partnership for Long-Term Care was established in 1986 to demonstrate t he feasibility of implementing public-private collaborations to offer affor dable long-term care insurance products to a broad range of individuals. A fall 1996 survey of long-term care insurers indicates that those who partic ipate are major players in the market and that most plan to continue their participation. Insurers were motivated to participate because the Partnersh ip provided an opportunity to contribute to "good" public policy, market a product with a state seal of approval, and potentially increase their marke t share. While the survey did reveal dissatisfaction with some aspects of t he Partnership, if also demonstrated that it is possible to develop a worki ng partnership between states and insurers despite the need for compromise.