Tag: long-term care
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…
The brief’s key findings are: Medicaid provides low-income retirees with critical health benefits by offering insurance directly, covering Medicare costs, or paying for long-term care. Recently, the Medicaid expansion has also helped reduce the uninsured rate among workers nearing retirement. The need for this array of benefits will grow as the population ages and medica…
