They say politics makes for strange bedfellows. It makes for stranger politicians.
For many long-term care operators, shrinking demand is not likely be a problem in the decades ahead. After all, about 10,000 baby boomers turn 65 every day, and the pace is just heating up. But there can be a big difference between prospects and paying customers.
Retirement is not for everyone. Exhibit A is my father, who enjoyed retirement from being a school superintendent for about five minutes before he became a part-time consultant. Exhibit B is a long-term care executive I know who will be carried out on a gurney before giving up control of his domain.
Regardless of whether states choose to expand Medicaid, states are facing fiscal crisis related to rising healthcare costs and government pension obligations, a new report finds.