In this election season it may be helpful to see what both presidential candidates are saying about the coming long-term care crisis and how they would suggest dealing with it. Here is an excerpt of an article that sheds some light on where they stand:
“Sen. Barack Obama
Sen. Obama has a section on his Web site […]
I have published articles in this blog in the past that discuss the dire economic straits that the Medicaid system is currently experiencing. I have also reasoned that this situation can only get worse as more baby boomers begin to swell the Medicaid patient rolls and available funds are stretched even further.
Now we are beginning […]
There are several reasons why consumers may choose not to buy long-term care insurance. Some of those reasons can be based on very sound decisions.
For instance, if you have made a thorough investigation into the cost of premiums from several of the financially sound major carriers and have found that the cost is just […]
Like most other consumer services long-term care costs have continued to rise steadily over the past 30 years. Of course, there are periods where the inflation rate in this industry has not been so high. But overall, the historical data shows that private nursing facility costs have tended to double about every fifteen years or […]