Increasing Medicare LTSS Benefits Could Cost Between $1 Billion & $13 Billion Per Year
Increasing access to long-term services and supports (LTSS) through the Medicare program for beneficiaries aged 65 and older could cost the federal government from $1.1 billion to $12.8 billion per year. The cost increases would depend upon the benefit changes to the Medicare program.
The least expensive option—called the Base Benefit Package— cost $450 per person per month (PPPM). This buy-in option would include a limited benefit, similar to the CAPABLE program and previously proposed legislation for a Community-Based Independence Special …
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