Tag: Medicaid benefits
Needs may be unmet or larger burdens may fall to families. Medicaid is the nation’s publicly financed health and long-term care program for low-income people. It was originally established to provide benefits to those receiving cash assistance or “welfare.” In the case of older Americans, that source of cash benefits was – and remains –…
Most people think of Medicare – not Medicaid – when considering government health care for older Americans. However, Medicaid, the program that covers the medical expenses of the poor, spends over $132 billion a year – 20 percent of its budget – on individuals ages 65 and over. Elderly beneficiaries include both those with low…