From 1990 to 1997, staff at the Long-Term Care Data Institute (LTCDI) reviewed analytical models then in use for projecting the utilization and costs of different long-term care scenarios (including both nursing home and home care), and then used the information gleaned from its analysis to rework its own model.
The Long-Term Care Data Institute, based in Cambridge, Mass., is an organization established to transfer knowledge gained from long-term care demonstration programs and special surveys into usable, practical information for individuals and groups.
Project staff reviewed state-of-the-art long-term care modeling techniques and, based on that analysis, made refinements to a model that it had already developed.
The model provides a nonproprietary, easy-to-use computer simulation model for projecting the use and costs of long-term care, including home care and nursing home care.
It can be used by members of diverse groups—policymakers, managed care executives, insurance companies, actuaries and researchers—to help analyze long-term care program design and financing options.