LONG-TERM CARE

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Long-Term Care Financing

Long-Term Care Financing

An estimated 70 percent of Americans ages 65 and older will one day need long-term care (LTC) services and supports, which include nursing facilities, home health aides, personal care, and family caregiving. With Medicare not providing LTC coverage and private LTC insurance coverage low, Medicaid is a major provider of LTC services and supports for the elderly.