H*4329 Session 111 (1995-1996)
H*4329(Rat #0340, Act #0480 of 1996) Joint Resolution, By P.B. Harris,
J. Brown, T. Brown, B.D. Cain, Carnell, Clyburn, Harvin, H.G. Hutson, Inabinett,
W.D. Keyserling, Lanford, Meacham, Neilson, T.F. Rogers, Scott, J.S. Shissias and
D.C. Waldrop
Similar(S 980)
A Joint Resolution to direct the Joint Legislative Committee on Aging in
conjunction with the Center for Health Policy, Institute of Public Affairs,
University of South Carolina, to evaluate and study options for consumer
financing of long term care and to report and make recommendations to the
General Assembly.
12/06/95 House Prefiled
12/06/95 House Referred to Committee on Medical, Military,
Public and Municipal Affairs
01/09/96 House Introduced and read first time HJ-57
01/09/96 House Referred to Committee on Medical, Military,
Public and Municipal Affairs HJ-57
01/17/96 House Committee report: Favorable Medical, Military,
Public and Municipal Affairs HJ-3
01/18/96 House Read second time HJ-10
01/18/96 House Unanimous consent for third reading on next
legislative day HJ-11
01/19/96 House Read third time and sent to Senate HJ-1
01/23/96 Senate Introduced and read first time SJ-14
01/23/96 Senate Referred to Committee on Medical Affairs SJ-14
03/14/96 Senate Committee report: Favorable Medical Affairs SJ-7
03/19/96 Senate Read second time SJ-10
03/19/96 Senate Ordered to third reading with notice of
amendments SJ-10
03/21/96 Senate Read third time and enrolled SJ-21
04/30/96 Ratified R 340
05/07/96 Became law without Governor's signature
05/07/96 Effective date 05/07/96
05/16/96 Copies available
08/29/96 Act No. 480
(A480, R340, H4329)
A JOINT RESOLUTION TO DIRECT THE JOINT LEGISLATIVE
COMMITTEE ON AGING IN CONJUNCTION WITH THE CENTER
FOR HEALTH POLICY, INSTITUTE OF PUBLIC AFFAIRS,
UNIVERSITY OF SOUTH CAROLINA, TO EVALUATE AND
STUDY OPTIONS FOR CONSUMER FINANCING OF LONG-TERM
CARE AND TO REPORT AND MAKE RECOMMENDATIONS TO
THE GENERAL ASSEMBLY.
Whereas, according to the 1990 Census there are approximately four
hundred thousand people in South Carolina age sixty-five and over and
this population is expected to continue to grow rapidly; and
Whereas, census data predicts that from 1980 to 2000 the number of
persons over age seventy-five, the group most likely to need long-term
care, will double; and
Whereas, there are currently as many as forty-three thousand homebound,
frail elderly who need ongoing assistance with daily living needs and this
number grows daily; and
Whereas, of the over eighty-five years of age population, forty-six
percent will develop the need for acute care and hospitalization; and
Whereas, from 1965 to 1993, national health care expenditures rose at an
annual rate nearly double the growth rate for inflation and these
expenditures went from six percent to thirteen percent of the Gross
National Product; and
Whereas, according to a study conducted by the Urban Institute, by 2002,
South Carolina could face a reduction of approximately thirty percent in
Medicaid funding, the primary funding source for public long-term care
services; and
Whereas, with the projected dramatic increase in the number of persons
over age sixty-five, the varied levels of long-term care needs of this
population, and with the volatile nature of public funding for these
service needs, it is becoming increasingly more important for individuals
to take responsibility for planning and preparing financially for their own
long-term care needs. However, the market for this financing is rapidly
changing and growing, making it even more difficult for the consumer to
make informed choices in planning for long-term care needs. Now,
therefore,
Be it enacted by the General Assembly of the State of South
Carolina:
Study of consumer financing of long-term care
SECTION 1. The Joint Legislative Committee on Aging in conjunction
with the Center for Health Policy, Institute of Public Affairs, University
of South Carolina, shall identify and study options for consumer
financing of long-term care including, but not limited to, long-term care
insurance, long-term care insurance public-private partnerships, individual
and employer medical savings accounts, life insurance with accelerated
death benefits, and the Medicaid Estate Recovery Act. Before January 1,
1997, the committee shall submit to the General Assembly a report of the
results of this study, including policy and legislative recommendations
and strategies for educating the public about these options and about the
need for individuals to take responsibility for preparing financially for
their long-term care needs.
Time effective
SECTION 2. This joint resolution takes effect upon approval by the
Governor.
Became law without the signature of the Governor -- 5/7/96. |