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Deficit
Reduction Act of 2005 Puts Seniors at Risk |
Written By:
Attorney Jeffrey A. Marshall, CELA*
Congress
has passed a new law that will make it harder for frail seniors to pay
for long term care. The Deficit Reduction Act includes changes to the
Medicaid program that will make seniors ineligible for government
financial assistance if they have given anything away over the past
five years.
Since few individuals have insurance that covers nursing home care,
most people in nursing homes are on Medicaid.
Medicaid pays for needed care for people who have limited
financial resources. The
law attempts to save the Government money by shifting more of the cost
of long-term care to families and nursing homes. Read
the entire article...
