Jumping out of the Medicaid frying pan

An interesting national debate may be on the way regarding helping states with ballooning Medicaid spending by expanding Medicare to include nursing home care.

Kentucky already makes purchases of Long Term Care Insurance tax deductible and last session made a very strong move toward incentivizing purchase of a policy to save taxpayer money.

As tempting as it might be to some to shut down a sector of the insurance industry and replace it with benevolent government bureaucrats, someone might wish to point out that efforts to save money by making government bigger often doesn't work out so well.