• Long Term Care

Long Term Care Causes Medi-Cal Costs to Soar

By |November 22, 2013|Categories: Breaking News, Government, Insurance Industry, Retirement Planning|Tags: , , |

The state of California will soon be facing massive pressure from the surge of seniors and cost of long term care support and services, according to a new UC Berkeley report.

Rising Costs

As the number of seniors rapidly increases, the burden long term careof extended health care on the state Medicaid system Medi-Cal will continue to grow. The large-scale potential costs will have a massive impact on the state run program in the future. Researchers project an 88 percent increase in public expenditures for institutional long term care over the next[…]

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