NEW YORK — Reagan Administration officials are planning to encourage the development of private insurance for nursing home care, which could produce substantial savings for the government in Medicaid and Medicare costs, it was reported Sunday.
The New York Times reported on a study commissioned by the Department of Health and Human Services. Medicaid costs for those 67- to 69-years-old could be cut by more than 20% over a 35-year period, the study said.
