The report finds that most older people need some
long-term services and supports during their lifetimes. Nearly a third of older
people are projected to deplete their life savings and turn to Medicaid for
assistance as their ability to care for themselves declines. Designed as a
program for people with low incomes and few assets, Medicaid is a safety net of
last resort for those whose needs exceed what unpaid family and friends can
provide, and who exhaust their resources paying out-of-pocket for care.
Click
here to access the 6 page report.
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