System Failures
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Skilled Nursing News had an article discussing how profitable they have become. The average person does not think too fondly of nursing homes. It’s well known that patients face abuse and neglect in these facilities, and for many, a nursing home is a place where their loved one died or experienced a traumatic incident. However,
Medicare insurers have widely varying rejection rates for patients seeking nursing-home stays. This is also true for long-term care hospitals and inpatient rehabilitation facilities, according to two new reports from the Office of Inspector General for the Department of Health and Human Services. Among the most likely to initially refuse access to the costly facilities are Medicare insurers with
The American Prospect had an interesting article about the incredibly profitable insurance industry. If not for the power of insurance float, the empire of Warren Buffett’s Berkshire Hathaway would not exist. Insurance float is the profit earned in the period of time between collecting premiums and before payouts to clients. The longer they delay paying
Skilled nursing facility operator Ensign Group is quick to peddle its lies according to a new report. They boast of their so-called “industry-leading” clinical outcomes and mislead by claiming they have a “strong history of quickly improving the quality of care.” The actual truth is far from the pleasant masquerade that glosses facility websites. Cheryle
A recent article discusses a new federal law that will make it harder to qualify for Medicaid long-term care if they own a home with some equity. Beginning in 2028, most states will not be allowed to protect more than $1 million in home equity when determining Medicaid eligibility for nursing home care. On paper,