By Diane Bast -
A new report from Stephen Moses, president of the Center for Long-Term Care Reform, contends that “although Medicaid was intended to serve only the truly needy, eligibility expansions and loopholes have turned the program into a middle-class entitlement.” That means fewer resources are available for the safety net Medicaid was intended to provide for low-income retirees. Should middle-income and even wealthy retirees be able to hide or gift their assets to heirs and rely on Medicaid to pay for their nursing home care? Do you have long-term care insurance? READ MORE
