Dr. Bruce Chernof said at the BPC webinar: “Medicare is not the primary source of long-term care financing, despite the fact that people think it is or should be.” When policymakers, health care analysts and financial journalists talk about the staggering costs of long-term care, it’s often wonky, devoid of humanity. But a new study by researchers at Stanford University shows that even when we think we’re talking about something as simple as how much someone will pay for their own medical expenses, our assumptions can be wrong.
When policymakers, health care analysts and financial journalists talk about the staggering costs of long-term care, it’s often wonky, devoid of humanity. But a new study by researchers at Stanford University shows that even when we think we’re talking about something as simple as how much someone will pay for their own medical expenses, our assumptions can be wrong.