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Healthcare worker with man using walking support

An aging population will put pressure on Medicaid. Although immediate Medicaid cuts are off the table with the failed effort to repeal and replace Obamacare, the basic economics underlying the Medicaid program have not changed.   Medicaid currently pays for more than half of long-term care expenses (see Figure 1).  This outcome reflects the fact that…

Birds on a wire

When older workers change occupations, many of them move into a lower-status version of the work they’ve done for years, according to a new study by University of Michigan researchers who tracked the workers’ movements among some 200 different occupations. Aging computer scientists were likely to become programmers or computer support staff.  And veteran hig…