Well, I think it is worth noting that in fiscal year 2000 Medicare and Medicaid provided $82.1 billion, 60 percent of the money spent, of the $123 billion, spent on long-term care services. We have a basic question here. If we do not put incentives in for individuals, our public resources will be depleted. It is in that spirit that we offer the legislation.
NAN A. S. HAYWORTH: “Well, I think it is worth noting that in fiscal year 2000 Medicare and Medicaid provided $82.1 billion, 60 percent of…”
Editor's note · Context
Discussing the importance of incentives in long-term care funding during a legislative debate.
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