Word: medicaid
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...contrast to nursing homes, which are primarily funded by Medicaid and Medicare, assisted living homes have traditionally been financed privately. As a result, “it makes sense” that they would naturally be found in areas of higher income, said David G. Stevenson, assistant professor of health policy at HMS and lead author of the paper...
...transparency, took a swipe at the "number of things that [Obama] was for on the campaign trail" that have been left undone. Senator Blanche Lincoln, an Arkansas Democrat, ripped into her colleague Ben Nelson of Nebraska for "horse-trading" his vote on health care and called for the special Medicaid funding provisions he won in return for his support to be removed from the final legislation...
Home care is much cheaper than nursing-home care, which averages about $200 per day. Yet millions of Americans who need long-term care but can't afford to pay for it have to "spend down" all their assets, become poor enough to qualify for Medicaid and then move to nursing homes, which the program covers. (Medicaid coverage for home health services varies from state to state.) This does not come cheap for the government, which pays about 60% of all long-term-care costs in the U.S.; only about 5% of Americans currently have private long-term-care insurance...
...included in the passed House health reform bill - from the Senate's legislation, saying they had "grave concerns that [the CLASS Act would] create a new federal entitlement program with large, long-term spending increases that far exceed revenues." The chief actuary for the federal Centers for Medicare and Medicaid Services wrote that the CLASS Act provisions in the House bill "face a significant risk of failure...
Welcomed a provision in the bill directing up to $300 million in Medicaid funding to her state...