The Real Public Long-Term Care Insurance Challenge: Paying For It

Later this year, Rep. Tom Suozzi (D-NY) will reintroduce his public catastrophic long-term care insurance bill, called the WISH Act. Suozzi is doing all the right things: Looking for Republican support and trying to engage the private insurance industry, long-term care providers, and employers, as well as advocates for older adults and people with disabilities.

But he has a big problem: While the idea of public insurance may be gaining traction, raising taxes to pay for it is a much tougher sell.