Democratic candidate Barack Obama last night was elected the next president of the United States. His proposals for long-term care include financing reform.
Obama also has championed higher pay for caregivers, increased nurse training and more funding for home-care initiatives. Long-term care financing reform, for the first time, was part of the Democratic party’s platform. Obama also sponsored the Community Living Assistance Services and Supports (CLASS) Act, which would establish a national insurance program to help pay for those with long-term care costs. During his presidency, nursing home operators could experience heightened union organizing activity.
Obama beat Sen. John McCain (R-AZ), who proposed alternatives to institutional long-term care and supported Medicaid and Medicare reform.