The National Academy for State Health Policy has recently released a report on the new changes and provisions in the Patient Protection and Affordable Care Act which will affect Long Term Care (LTC) insurance for America’s seniors. Some of the “enhancements” found in these new changes are designed to help seniors avoid nursing homes, coordinate their care and finance long term services through the creation of a new public insurance program.
The Patient Protection and Affordable Care Act states that the public long term care insurance program will be self-funded through enrollments. Additional provisions are included to help increase access to Medicaid-funded, home- and community-based care. Provisions will also be included to provide care for seniors with multiple chronic conditions.
Oh, vey…Where they expect seniors who are already struggling to pay their current insurance protection provided by the government to come up with the extra cash, they don’t say.
Learn more about the Patient Protection and Affordable Care Act
Tags: Affordable Care Act, Assisted living, consumer advice, Health, Health care, Home care, Long Term Care, Long Term Care Insurance, LTC, LTC Insurance, Patient Protection and Affordable Care Act, Personal Finance, Senior Health, Social Security







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