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Wednesday, September 01, 2004

Long-term care debate

["Long-Term Care: Who Should Pay?," Sage Crossroads, 30 August 2004.]

This is an excellent debate available either as a transcript or as a video download online. Stephen Moses, President of The Center for Long-Term Care Financing discusses who should pay for long-term care with Josh Wiener of RTI International.

Today, it costs roughly $60,000 a year to provide long-term care to an individual in a nursing home. And, these costs are expected to rise at least 5 percent annually. But, in many states Medicaid's resources have reached their limit. How are we going pay for elderly care as the Age Boom approaches? Does Long-term Care Insurance offer the solution?

[Stephen A. Moses, "Project Proposal: Controlling Medicaid Long-Term Care Costs," The Flint Hills Center, January 2004.]

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