State Medicaid Programs to Spend $1.6 Trillion on Long-Term Care over the Next Twenty Years
September 29, 2008
September 29, 2008
WASHINGTON, Sept. 29 -- America's Health Insurance Plans issued the following news release:
State Medicaid programs will spend $1.6 trillion on long-term care expenses over the next twenty years, according to a new study released today by America's Health Insurance Plans (AHIP). When Federal matching funds are included, total government expenditures on long-term care will exceed $3.7 trillion.
Medicaid spending for long-term care will grow at a faster rat . . .
State Medicaid programs will spend $1.6 trillion on long-term care expenses over the next twenty years, according to a new study released today by America's Health Insurance Plans (AHIP). When Federal matching funds are included, total government expenditures on long-term care will exceed $3.7 trillion.
Medicaid spending for long-term care will grow at a faster rat . . .