We're living longer than ever before. That's the good news. The bad news is that state and federal taxpayers are getting soaked for the costs of long-term care.

The Yankee Institute, a state policy-focused organization in Connecticut, recently released Three Cures for What’s Ailing Long Term Health Care (PDF). It calls for increased use of reverse mortgages, public efforts to promote the purchase of long-term care insurance and reforms to Medicaid.