Medicaid LTC Spending Will Be In The Trillions

October 2008
National Underwriter / Life & Health Financial Services;10/6/2008, Vol. 112 Issue 37, p8
The article reports on the expected $3.7 trillion excess of U.S. government spending on the long term care (LTC) according to America's Health Insurance Plans (AHIP). The excess happens when federal matching funds are included in the forecasted $1.6 trillion state Medicaid program expenses over the next 20 years. Moreover, AHIP president Karen Ignani encourages the nation to improve its preparation for LTC costs and to find ways for improvement of recipients' access and community base care.


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