Healthcare Finance News February 19, 2021
The report calls for establishing universal coverage for all Americans’ long-term care needs through Medicare.
The COVID-19 pandemic’s heavy toll on older Americans highlights the need to strengthen the nation’s safety net for people in need of long-term services and support, an Oregon Health and Science University researcher and co-authors argue in a new report published by Milbank Quarterly.
The report proposes a system of universal coverage to support the long-term care of all older Americans. The purpose would be to protect against financial catastrophe, and to move away from a system in which only the poorest Americans are able to access coverage via Medicaid.
In addition to benefiting individuals and families, the authors argue this would also create...