Disclaimer: With Medicaid, VA, and insurance regulations frequently changing, past blog posts may not be presently accurate or relevant. Please contact our office for information on current planning strategies, tips, and how-to's.
Under President Trump, the proposed budget for the 2020 fiscal year was released on Monday, March 11. This proposed budget would have states choose between a per capita cap or a block grant to fund Medicaid; this is in an effort to repeal the Affordable Care Act.
Critics of the proposed budget explain how “states already struggle to adequately finance long-term services and supports through their Medicaid programs.” Due to the fact that Medicaid funds the largest amount for long-term care compared to privately paying or insurance, this cut may decrease the access to long-term care for many citizens.
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