MN HF3350

$200,000 appropriated from the general fund in fiscal year 2017 to the commissioner of human services to develop a Minnesota-specific long-term care financing microsimulation model.

Model must predict future needs and utilization of long-term care services for Minnesotans based on demographic and economic factors.

Model must estimate costs of care under various public and private financing scenarios to determine impact on state funds, out-of-pocket expenses, Medicare, and other insurance products.

Commissioner shall use the model to predict long-term care costs under various financing options and determine the most appropriate options for the state.

Commissioner must report to legislative committees with jurisdiction over health and human services policy and finance by January 15, 2018, on the model's development.