“13 things to know about long-term care planning,” by Tammy Flanagan, Government Executive “Although taking chances on Friday the 13th is an old superstition, one thing that you should not take a chance on is the possibility of needing long-term care. Planning for the potential need for long-term care will benefit you and your family in the following 13 ways:” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Click through to find those 13 ways according to Government Executive.     Subscribe to GoldenCare News  
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“Welfare Is What’s Eating the Budget,” by Phil Gramm and Jodey Arrington, Wall Street Journal (WSJ has a pay wall but I believe this link goes to a free version of the article on the AEI website) “Since funding for the War on Poverty ramped up in 1967, welfare payments received by the average work-age household in the bottom quintile of income recipients has risen from $7,352 in inflation-adjusted 2022 dollars to $64,700 in 2022, the last year with available household income data. This 780% increase was 9.2 times the rise in income earned by the average American household. …
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“The States Are Dangerously Dependent on Medicaid-Expansion Dollars,” by Gary D. Alexander, National Review “A recent study by the Paragon Health Institute points out that a fundamental flaw with Medicaid expansion is its inequitable distribution of federal funds. As currently implemented, the program has the federal government covering 90 percent of the medical costs of able-bodied adults but only 50 to 75 percent of the costs of elderly, disabled, and child recipients — populations that tend to require the most expensive and intensive care. This creates a perverse incentive for states to prioritize the coverage of healthy adults, who are cheaper to care
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“The impact of Medicaid Estate Recovery,” River Reporter “Recognizing the need to address the inequities perpetuated by Medicaid Estate Recovery (MER) on marginalized communities, the Robert Wood Johnson Foundation (RWJF) has awarded a grant to the National Academy of Elder Law Attorneys (NAELA) Foundation to fund research, education and advocacy on this issue.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Most people think of Medicaid as a program for the poor. But as I’ve pointed out in countless articles and reports, even the affluent qualify easily for Medicaid’s most expensive benefit, long-term care. The purpose of
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“I don’t have a spare $150,000, so long-term care insurance is absolutely worth the cost,” by Angie Chapman, Business Insider “With lifespans longer and families more spread out, it’s essential that I think about long-term care. Long-term care insurance comes in many forms at many costs, including as part of a life insurance policy. I hope to have a long, comfortable life, but I’m preparing for whatever is ahead.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Short, sweet and to the point. And in a business magazine!     Subscribe to GoldenCare News  
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