Tag: long-term care
Abstract We use two historical data sources – the Health and Retirement Study and the Medicare Current Beneficiary Study – to consider the patterns in older Americans’ severe disability and their use of long-term services and supports (LTSS) by age and socioeconomic status. We then use a dynamic microsimulation model to project how the effects…
Should Medicare long-term expenditures be included or not? Finding a way to pay for long-term care is one of the major challenges for achieving security in retirement. As long as people are fearful that they will need their money to cover long-term care needs toward the end of life, they will be reluctant to draw…
