[Jun 23, 2005]

      "The Distribution of Assets in the Elderly Population Living in the Community," Kaiser Family Foundation: The issue paper -- by Barbara Lyons, a foundation vice president and deputy director of the Kaiser Commission on Medicaid and the Uninsured; Andy Schneider of Medicaid Policy, LLC; and Katherine Desmond, a consultant -- examines the assets of elderly individuals still living in the community who are at highest risk for needing nursing home care. The paper finds 84% of the elderly most likely to need nursing home care would exhaust their assets within one year in a nursing home. Further, most elderly individuals do not have enough assets to pay for one year or more of nursing home care (Lyons et al., "The Distribution of Assets in the Elderly Population Living in the Community," June 2005).

“Reprinted with permission from kaisernetwork.org. You can view the entire Kaiser Daily Health Policy Report, search the archives, or sign up for email delivery at www.kaisernetwork.org/dailyreports/healthpolicy   The Kaiser Daily Health Policy Report is published for kaisernetwork.org, a free service of the Kaiser Family Foundation, by National Journal Group Inc. © 2005 by National Journal Group Inc. and Kaiser Family Foundation. All rights reserved.”