Implications:
- The financial circumstances of people are highly diverse
- For many, the use of long term care has minor financial impact.
For others , the impact of long term care use can be
catastrophic.
- The highest risk of needing long term care are more likely to
be poor or near poor .mostly elderly people.
- It can cause the depletion of lifetime savings, dramatically
reduce ones standard of living.
- Factors which determine cost impact of long term care use are:
the type of service used, the duration of care and the level of
financial resources available to pay for care.
Yes they should be transitioned into MCOs because managed care
are redefining long term supports and services under Medicaid
programmes.