My masters thesis was on solving how long-term care is financed in this country. All these years later the financing issue is still unresolved. One option, LTC insurance, is only held by 10% of seniors. Medicaid still funds the majority of LTC costs. This column from Kaiser Health News is a good summary of the issue:.
http://www.kaiserhealthnews.org/Columns/2010/December/122310pollack.aspx
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