Question

What are some finance options for lifespan management facilities and services? How will those options influence the services provided? Provide details.

Answer 1

Ans) Medicaid :Many state programs offer assistance with assisted living costs for those who have no financial resources. To qualify for Medicaid, you'll need to have assets and income that are below the federal poverty levels.

- Managed Long Term Services and Supports (MLTSS) refers to the delivery of long term services and supports through capitated Medicaid managed care programs. The MLTSS evaluation is one component of a larger evaluation designed to track and evaluate several different types of Medicaid section 1115 demonstration waivers.

- Long-term care costs—like health care costs—undermine families' financial security, and the costs of dual eligibles—especially those who need long-term care—are driving up federal and state expenditures for existing entitlement programs such as Medicare and Medicaid.