Increasing demand for long-term care (LTC) and limited capacity to meet that demand, both financially and operationally, comprise one of our nation’s most significant domestic challenges. Medicaid remains the default LTC financing source. However, states and the federal government are publicly stating that the current financing system is not sustainable. At the same time, government is attempting to better understand Medicaid-financed home and community-based service (HCBS) arrangements and non-Medicaid LTC financing options to slow such spending.
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