WASHINGTON (Reuters) - Fueled by the needs of a growing elderly population, spending on long-term health care under the Medicaid program will soar in the next 20 years, a report released Monday predicted.
Spending for long-term care for elderly and disabled people under the Medicaid health insurance program for the poor will total $3.7 trillion in the next two decades, according to the report by America's Health Insurance Plans, an industry group.
Norman DeLisle, MDRC
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