Tag: Medicaid
The brief’s key findings are: Long-term care is the major uninsured expense for most retirees. CLASS is a new, voluntary, national program designed to: alleviate the need for families to impoverish themselves to qualify for Medicaid; reduce the burden of care on families; and offset a bias towards institutionalization. The primary challenge to CLASS is…
Introduction By mid-century, the nation will be spending more on Medicaid, the joint state/federal health program for the poor, than it currently spends on national defense. Much of this projected growth will be generated by the rapidly expanding demand for long-term care due to an aging population. Therefore, both states and the federal government ar…