Tuesday, March 28, 2006

Bush FY 2007 Budget Plan Could Affect Quality Of Nursing Home Care. The fiscal year 2007 budget plan proposed by President Bush would make the quality of nursing home care "go backwards," American Health Care Association President and CEO Bruce Yarwood said at a briefing on Wednesday, CQ HealthBeat reports. The plan includes $36 billion in Medicare spending reductions, such as a zero market basket update for skilled nursing homes in FY 2007 and the elimination of reimbursements to providers for uncompensated care... click link for more info. [Medical News Today RSS/XML Feed] 5:50:00 AM    comment [] Yearly Long Term Care Costs Move Above $70,000 In 2006, According To Annual Benchmark Study By Genworth Financial, USA. The average cost of longterm care in nursing homes, assisted living facilities and in the homeincreased over the past year, with assisted living and in-home costs risingmore sharply than nursing home care, according to Genworth Financial's annual"Cost of Care" survey. And, in the face of rising costs for all categories oflong term care, Genworth found 65 percent of Americans surveyed in a newnational poll admit to having made no long term care plans for themselves or aspouse... click link for more info. [Medical News Today RSS/XML Feed] 5:48:42 AM    comment []

© Copyright 2006 Norman G. DeLisle, Jr.. Last update: 8/7/2006; 10:33:14 AM.