The value of unpaid family care is huge. Although policy change is underway, more robust action is needed to support caregiving families.
Pan-American countries gather to discuss varying cultural, political, and economic experiences and challenges of new and existing strategies for long-term care.
CMS Report Confirms Medicaid Cuts Would Jeopardize Critical Services and Long-Term Program Stability
The proposed American Health Care Act (AHCA) would make significant changes to the Medicaid program, which serves as a critical safety net for millions of people who deplete their life savings and turn to Medicaid for assistance as their ability to care for themselves declines. The bill would repeal the Medicaid expansion and implement a capped financing model for states. According to the nonpartisan Congressional Budget Office (CBO), the AHCA would cut $834 billion from the Medicaid program through fiscal year (FY) 2026. CBO projects that 23 million people would lose coverage as a result of the AHCA, most of them — 14 million — because of the changes to Medicaid.
Alvin and Sharon lived in Chicago and were frugal people who worked hard all their lives. This fiscal dedication allowed them to live on their two monthly Social Security checks, his modest pension and some modest investments.
Search AARP Blogs