Wednesday, August 02, 2006
CMS announces Medicaid LTC partnerships
["CMS takes steps to improve coverage and sustainability of care for dual-eligible beneficiaries," Press Release, The Centers for Medicare and Medicaid Services, 27 July 2006.]
CMS announced that it is introducing new policies to improve the financing of long-term care:
These policies include new incentives for people to buy private long-term care insurance, improved rules governing the transfer of assets to prevent inappropriate use of taxpayer funded programs, and improved coordination of care for those with both Medicare and Medicaid coverage, the so-called “dual eligibles” who are in managed care plans.
CMS administrator Mark McClellan issued some strong statements regarding LTC finance as part of the announcement:
“Medicaid is truly not equipped to pay the long-term care expenses of every American,” said Dr. McClellan. “We must preserve the program for the future and for those who are its intended beneficiaries.”
The new policies focus on public-private partnerships:
“Partnerships between consumers, the private insurance industry and Medicaid will help people better plan for long-term care needs they may have in the future,” said Dr. McClellan. “The Partnership program, we believe, will encourage people to accept personal responsibility for their future long-term care needs by purchasing insurance, and will reduce the incentive to transfer or hide assets that can be protected legally,” Dr. McClellan said.
[Stephen Moses, "Its time to end welfare for the well-to-do," The Kansas City Kansan, 26 April 2006.
Stephen Moses, "Estate Recoveries Needed to Help Pay for Medicaid," The Wichita Eagle, 27 September 2005.
Stephen Moses, "Nursing home system in need of reform," The Pittsburg Morning Sun, 22 May 2005.]
CMS announced that it is introducing new policies to improve the financing of long-term care:
These policies include new incentives for people to buy private long-term care insurance, improved rules governing the transfer of assets to prevent inappropriate use of taxpayer funded programs, and improved coordination of care for those with both Medicare and Medicaid coverage, the so-called “dual eligibles” who are in managed care plans.
CMS administrator Mark McClellan issued some strong statements regarding LTC finance as part of the announcement:
“Medicaid is truly not equipped to pay the long-term care expenses of every American,” said Dr. McClellan. “We must preserve the program for the future and for those who are its intended beneficiaries.”
The new policies focus on public-private partnerships:
“Partnerships between consumers, the private insurance industry and Medicaid will help people better plan for long-term care needs they may have in the future,” said Dr. McClellan. “The Partnership program, we believe, will encourage people to accept personal responsibility for their future long-term care needs by purchasing insurance, and will reduce the incentive to transfer or hide assets that can be protected legally,” Dr. McClellan said.
[Stephen Moses, "Its time to end welfare for the well-to-do," The Kansas City Kansan, 26 April 2006.
Stephen Moses, "Estate Recoveries Needed to Help Pay for Medicaid," The Wichita Eagle, 27 September 2005.
Stephen Moses, "Nursing home system in need of reform," The Pittsburg Morning Sun, 22 May 2005.]
Comments:
Post a Comment
