Health Care News Podcast

Poverty is no longer a requirement to qualify for long-term care under Medicaid. An entire industry has cropped up over the years instructing families on how to maximize Medicaid’s loose financial guidelines.  While families save a bundle of money by having the government now pay for this care, the system has had a negative impact on the long-term care market. Reimbursement rates under Medicaid do not cover the actual cost of care which impacts quality and supply.  Families no longer save for long term care knowing that Medicaid can come to the rescue.  Stephen Moses, president of the Center for Long-Term Care Reform, has studied long-term care for decades. He joins the show to discuss the first segment of his new report with the Paragon Institute, ”Long Term Care: The Problem.”Read the report: https://paragoninstitute.org/wp-content/uploads/2022/10/202208_Moses_LongTermCareTheProblem_FINAL_2.pdfSeventy percent of people who reach age 65 today will require a severe need for long-term care. Long-term care prov