tci Medicare Compliance & Reimbursement - 2005 Issue 34

LONG-TERM CARE: CMS Wants To Up Private LTC Financing

Demo designed to reduce stress on Medicaid.As the federal government scrambles to prepare for the baby-boomer generation's long-term care needs, a provider's older patients might receive more information about LTC financing options.Centers for Medicare and Medicaid Services administrator Mark McClellan announced the second phase of a campaign to help states promote private LTC financing alternatives to Medicaid in late July. "Medicare doesn't cover long-term care, and Medicaid cannot afford to be the nation's primary source of payment for its nursing home bills," McClellan says. Demo A Joint Effort For Feds, States The demonstration's first phase began...

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