Long-Term Care Financing: Medicare and Medicaid

January 23, 2020


Elizabeth (Izzy) Montgomery, MPA
Policy Analyst

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By 2050, the United States population of older adults (age 65 and older) is projected to nearly double from the current 48 million to 88 million. The increasing population of aging baby boomers and the high cost of long-term care present significant challenges to the healthcare system.

This explainer, focusing on long-term care services available through Medicare and Medicaid, is the first in a two-part series. The second explainer in the series will focus on long-term care insurance.

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