Long Term Care – Future ‘Mass Chaos’Ryan Hogan
The future of Federally funded Long Term Care services is uncertain. On all fronts these services are being squeezed through lack of funding and the impacts are being felt today. With the train of seniors, 10,000 people a day turning age 72, the stress of the market and services will be pushed even harder.
Besides entering into an alternate reality similar to Logan’s Run our government is not ready to handle this crisis.
Two recent reports illustrate what is to come.
- Care Giver Shortages in Wisconsin. The job itself as a care giver can be stressful but one of the biggest factors for the shortage is the Medicaid reimbursement rate. A higher reimbursement rate could allow higher wages in this sector and attract the needed caregivers however the impact to the states budgets are not ready for such a change.
- 37,000 Nursing Home Eviction Notices Prepared in Louisiana. Eviction! My mind is saying ‘What the hell!’ “Louisiana’s Department of Health is preparing to send eviction notices to about 37,000 nursing home and other long-term care residents who could lose Medicaid coverage under the current budget. … Gov. John Bel Edwards’ (D) staff has warned since at least March that he would cut benefits unless legislators agreed to budget concessions in a special session. He plans to hold a press conference Thursday, the same day notices are set to be mailed.
The fact is that every state and the federal government is not ready for this train.
Two more reasons not to turn long-term care to the politicians and government to deal with.
Help your clients’ find a private pay LTCi solution that is right for them.