June 24, 2026
Actuarial Work on the WISH Act
Long Term Care Discussion Group
Wednesday, June 24, 2026, 10:00 a.m.
Cong. Tom Suozzi introduced the WISH Act [Well-Being Insurance for Seniors to be at Home Act] originally in 2021. The WISH Act (HR 2082) has been re-introduced in 2025 and is now a bipartisan proposal. A successful round of Hill visits in support of the WISH Act has just taken place. The bill proposes a catastrophic backstop for long term care expenses.
The WISH Act has generated growing interest as a potential approach to addressing long-term care financing needs. Are the goals of designing a plan that reduces the burden on Medicaid, keeps families from impoverishment, and enhances the private LTC insurance market feasible or "WISHfull" thinking?
The speakers highlight key features of the WISH Act, share their actuarial analysis and cost estimates of the WISH Act. They present alternatives and discuss possible implications for the LTC insurance landscape.
