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Seniors and States Both Desperate to Stay Off of Medicaid Look for more Private Pay Options

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In this article by Chris Orestis for NAFA, Chris discusses the financial crisis impacting the United States driven by the a growing senior population in need of expensive long term care. Seniors and political leaders are both looking for more private pay options so that people are not forced to go onto tax payer funded Medicaid to cover their costs. When a person goes onto Medicaid they must be below the poverty line and lose their ability to choose what kind of care they want and where they will go. People who are private pay are able to decide what kind of care they want and where they will receive it. Read more about the political efforts being led by Life Care Funding around the country to make sure consumer disclosure protect laws are being introduced so that seniors and their families are being informed of their legal rights and options when it comes to paying for long term care. To read more, click here: http://annuityoutlookmagazine.com/2015/05/seniors-and-states-both-desperate-to-stay-off-of-medicaid/

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