More Cuts to Medicare & Medicaid Coming?

A short piece on the McKnights blog spells out a growing concern among the community of long term care providers in regards to Obama’s ideas for cuts to Medicare Medicaid services.

Nursing homes, long-term care hospitals and rehabilitation facilities, would see their share of Medicare and Medicaid money reduced by $14.4 billion over the next decade under Obama’s new proposal.

It will very interesting to see what the reactions are to Obama’s plans. What do you think should be done? Does this make a stronger case for having long term care insurance?

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