“Great moments in unintended LTC consequences”

“Great moments in unintended LTC consequences,” by Stephen A. Moses, McKnight’s LTC News

Quote:

“The year: 1965.

The problem: People are living longer, dying slower and in desperate need of more long-term care.
The solution: Provide Medicaid-financed nursing home care covering room and board as well as custodial and skilled care for anyone who can’t afford it otherwise and with no limit, for the first 15 years, on transferring assets to qualify.

“Sounds like a great idea with the best of intentions. What could possibly go wrong?”

 

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

Click through to find out what went wrong and how to fix it. For much more, go to www.centerltc.com and check out our dozens of state and federal level studies, over 1300 LTC Bullets, and much more.