Medicaid

another Big Government HealthCare program

http://www.carepathways.com/nhg-popdiff.cfm - It serves low-income people of every age.

Medicaid is the United States health program for certain people and families with low incomes and resources. It is a means-tested program that is jointly funded by the state and federal governments, and is managed by the states.[1] People served by Medicaid are U.S. citizens or legal permanent residents, including low-income adults, their children, and people with certain disabilities. Poverty alone does not necessarily qualify someone for Medicaid. Medicaid is the largest source of funding for medical and health-related services for people with limited income in the United States... Medicaid payments currently assist nearly 60 percent of all Nursing Home (Senior Housing) residents and about 37 percent of all childbirths in the United States. The federal government pays on average 57 percent of Medicaid expenses. http://en.wikipedia.org/wiki/Medicaid

Sept'2012: Ny Times on concerns about Medicaid-reform touching Senior Housing. Though former President Bill Clinton overstated in his convention speech on Wednesday how much Medicaid spends on the elderly in nursing homes — they account for well under a third, not nearly two-thirds, of spending — Medicaid spends more than five times as much on each senior in long-term care as it does on each poor child, and even more per person on the disabled in long-term care... A 2009 analysis by the Kaiser Family Foundation found that direct, out-of-pocket spending by individuals and families accounts for 22 percent of the $178 billion spent on nursing homes.


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