The Wall Street Journal is reporting that the federal government will announce a $1.75 billion program designed to give some Medicare beneficiaries at-home care rather than treating treatment in nursing homes. Long-term care makes up a third of all Medicaid spending and home-based care often costs less than putting a patient in a nursing home. The CMS funding will cover all expenses incurred in the first year by beneficiaries moving to home care. After that, states will receive matching funds. States have until November 1 to apply for the grants.
- see this WSJ article for more (sub. req.)