tci Medicare Compliance & Reimbursement - 2005 Issue 32

HOME HEALTH: Many Benes To Need Home Care, But Few Can Afford It

Pair of solutions might help fix tight budgets and poor planning.Medicaid and the majority of the country's elderly have something in common: Neither has the money to pay for nursing-home stays or home-health services.Although a significant portion of Baby Boomers will need long-term care, few have the savings or the insurance to pay for it. And with states cutting budgets, Medicaid's already saying it can't foot the bill. But while the problem is complex, the solution may be as simple as consumers knowing how to plan for the future."There are more options available for quality long-term...

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