The potential impact of private long-term care financing options on Medicaid: the next thirty years.
This study analyzes the potential effect on the Medicaid program of private sector financing mechanisms for long-term care. The data are from the Brookings-ICF Long-Term Care Financing Model and include projections over the next thirty years. While private financing alternatives have some modest impacts on Medicaid expenditures and the number of Medicaid long-term care recipients, the data suggest relatively little change in the need for Medicaid. There will be substantial increases in Medicaid long-term care expenditures over time, and private sector options cannot change this much.
Wiener
J M
JM
University of North Texas.
Rubin
R M
RM
D000368:Aged; D003198:Computer Simulation; D005544:Forecasting; D005102:Health Expenditures / Q000706:statistics & numerical data*; D006801:Humans; D007353:Insurance, Long-Term Care / Q000191:economics*; D008484:Medicaid / Q000639:trends*; D008962:Models, Theoretical; D012959:Socioeconomic Factors; D014481:United States