Monday, June 22, 2009

 

LTC on the back burner under Obama health plan

But recent proposals from Congress attempt to address the issue

Legislative movement is afoot to address the long term care crisis, but recent efforts may be thwarted as the Obama administration grapples with health care reform, according to public-policy experts.

“We won't see anything to move in the direction of more funding for long term care,” said Dallas L. Salisbury, president and chief executive of the Employee Benefit Research Institute in Washington. “With the government's fiscal situation and the unsustainability that the president has stated is present for Medicare and Medicaid, if anything, there will be a reduction [in spending]..."

Investment News: LTC on the back burner under Obama health plan

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