"The largest source of long-term services and supports (LTSS) is unpaid caretakers, who are often elderly spouses or children themselves and soon to reach retirement age. Medicaid is the second source and the largest source of LTSS expenditures. Thus, even after the completion of the PHE unwind, the cost of Medicaid will once again continue to grow. Achieving sustainability will require states to manage the growth rate within the overall state budget, requiring transformative measures. Enforcing price controls won’t work in the long-run, as they often limit access, and poor quality of care is typically the most expensive over time. The next big transformations in Medicaid will center on where and how services are delivered."
One of the reason's I joined HORNE was our unique position to help states with their next steps with Medicaid in the post-PHE world. Mississippi and other states are looking at not just new sources of funding, but new programs and operating models to better serve our communities and improve outcomes while being good stewards of taxpayer dollars. HORNE specializes in the execution and monitoring of these types of programs, and I'm looking forward to connecting with several states in the coming months to see where we can help drive success!
In a landscape where 'Medicaid Plummets!' clashes with 'Marketplace Soars!' amid the aftermath of the COVID-19 Public Health Emergency, understanding the nuances of shifting #healthcare enrollment becomes paramount, shedding light on the intricate puzzle of America's healthcare system. Read more here:
America’s Rubik’s Cube of Health Insurance Coverage | HORNE
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5moThese barriers to care have real consequences for patients.