Your ultimate insurance guide
 

Welcome to our insurance Archive. Have fun browsing!

 

(Browse for more articles)

 

Medicaid Falls Short for Nursing Homes

First, what is Medicaid?.......... "We are completely at the mercy of
Well, Medicaid is a Federal medical bills Medicaid for our stability," she said.
assistance program that pays medical Flannery said that for the current rate
bills for eligible, needy persons. It is year, which ends Sept. 30, nursing homes
administered by each state. All payments in North Carolina are projected to incur
are made directly to the providers of a $117-million loss for Medicaid
medical and other health care services. patients..
The Medicaid-eligible person does not pay "You can only bleed your private-pay
the health care provider for services. patients so much," Flannery said.
The only exception is a patient in a If changes aren't made, wage-earners in
Medicaid-approved nursing facility who future decades could be paying larger
may be required to contribute part of his sums of their earnings just to help pay
her income toward the cost of care. for the upkeep of the elderly and other
Medicaid is welfare for the poor, the health benefits, he said.
true and honest poor. Medicaid is NOT At the current pace, 40 percent of all
for people of means trying to fake wages would be needed to pay for Social
impoverishment in order to get on the Security, Medicare, Medicaid and Veterans
dole. That door has been slammed shut. Administration benefits by 2050, Moses
Reflecting a national problem, leaders of said.
North Carolina's nursing home and "The trends can't continue and won't," he
long-term care facilities say that the added.
money which Medicaid provides for patient Flannery would like to see a tax credit
care simply isn't enough to cover costs. reinstated that would give individuals a
North Carolina's problems reflect a break if they purchase their own long
grrowing national concern. It's a trend term care insurance, and we agree.
that likely could send the industry In any case, long term care insurance is
spiralling into a financial crash, said wise for all to consider, as you cannot
the head of a reform group. count on the citizenry and its elected
As the public funding infrastructure officials to loosen their purse strings
implodes over the next decade or two, at this late date. It won't happen any
we're going to hurt a lot of poor people time soon, believe me. That's
who won't have any access to a decent fantasy-based wishful thinking. Period.
safety net. Long term care insurance activist, Clay
Stacy Flannery, with the N.C. Health Care Cotton, writes for - The Online Baby
Facilities Association, said that nursing Boomers Decision Assistance Center, where
homes in North Carolina are approaching a you get Free Long Term Care Insurance
$14-per-patient per-day loss when caring advice, comparative rate quotes and
for Medicaid patients. And she said that personal guidance, all while safely at
the care of about 75 percent of the home in your favorite pajamas and bunny
patients in North Carolina nursing homes slippers.
is paid for by Medicaid.




www.gecalux.com keyword stats [2007-12-26-2007-12-26]



Daily top traffic source : MSN
Most current MSN search phrases:

insurance people
health


Other search engines trends:



Other search phrases:

ids property casualty insurance co genworth long term care insurance
types of long term care state auto property and casualty
cigna property and casualty insurance what is long term care insurance
Discover Property And Casualty Insurance comprehensive health insurance plan
hip health insurance plan alberta health care insurance
long term care insurance agents federal health insurance plan
property casualty insurance carriers conseco long term care insurance
businessDISCOVERY PROPERTY AND penn treaty long term care insurance
blue cross insurance coverage BLUCROSS BLUE SHIELD PLANS
health care savings plan affordable healthcare insurance
2 PARTS OF HOMEOWNERS INSURANCE va property and casualty insurance
coordination of benefits Blue Cross Blue long term care insurance north carolina
different types of hmo place of service codes and type of
family care health insurance choose an insurance agent
types of medical technology maryland health insurance rxmom
blue shield health insurance cheap health care insurance
healthcare no insurance United Health Care Insurance ratings
different types of foster care state tax incentives for long term care
top health insurance plans property casualty insurance market
blue cross blue shield federal employee





1 - A - B - C - D - E - 2 - 3 - 4 - 5 - 6 - 7 - 8 - 9 - 10 - 11 - 12 - 13 - 14 - 15 - 16 - 17 - 18 - 19 - 20 - 21 - 22 - 23 - 24 - 25 - 26 - 27 - 28 - 29 - 30 - 31 - 32 - 33 - 34 - 35 - 36 - 37 - 38 - 39 - 40 - 41 - 42 - 43 - 44 - 45 - 46 -