Policy Forum 

# Medicaid and the Long-Term Care Crisis — Who Should Pay? 

Date and Time 

September 7, 2005 12 - 1:30 PM EDT 

Location 

Auditorium/Wintergarden 

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##### Featuring 

Featuring **Stephen A. Moses,** President, Center for Long-Term Care Reform, Inc. ([www​.cen​terltc​.org](http://www.centerltc.org)); **Vincent J. Russo,** Certified Elder Law Attorney, Past President, National Academy of Elder Law Attorneys ([www​.rus​soelder​law​.com](http://russoelderlaw.com)); with comments by **Michael F. Cannon,** Director of Health Policy Studies, Cato Institute; and moderated by **Marilyn Werber Serafini,** Health Care Correspondent, *National Journal.* 

Medicaid, the joint federal-state health care program created in 1965 for the poor, is imposing a growing burden on taxpayers. It has grown larger than Medicare, the federal health care program for the elderly, and already accounts for a larger share of state expenditures than elementary and secondary education. Part of that growth is due to many middle-income seniors using Medicaid to pay for nursing home expenses and other long-term care. Those seniors own assets that could cover such expenses for a period of time, either directly or by purchasing long-term care insurance. Should their assets be used to help Congress cut projected Medicaid expenditures? Please join us for a debate that could profoundly affect the future of Medicaid and long-term care.

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