Share 'Midicaid long term care bad idea from the start.'
Here is a snipit from a great article written 10 years ago.
When it was created in 1965, the Medicaid program was supposed to be a welfare program for the poor. The Medicaid long-term care benefit was included in the program almost as an afterthought. The inclusion of this benefit literally created the long-term care industry.
The reason for the explosive growth in what was thought to be an oth…
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