“Researchers will focus on those whose income or assets are too high for Medicaid eligibility without a ‘spend down’ but are too low to afford life in existing senior living communities, ‘at least for very long,’ Kramer said. NIC believes the information will be useful to capital providers and public policy experts and that public-private partnerships may be required to find solutions related to the housing and care needs of the ‘exploding’ senior population, he added.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
LTC providers are worried about how to reach the same middle-market seniors who elude LTC insurers and they miss the same key insight. People whose “income or assets are too high for Medicaid eligibility” are a much smaller group than generally assumed. Consequently, they fail to plan for LTC and end up on Medicaid which cannot afford the kind of seniors housing the industry wants to provide.

$125,000 NIC study will assess demand for middle-market seniors housing

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