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Little-noticed Medicaid change in Trump’s tax law could burden seniors with thousands in medical debt - MarketWatch

1. Medicaid's retroactive-coverage period will shorten, raising costs for seniors. 2. Experts warn this will lead to increased medical debt for nursing-home residents. 3. Recent Medicaid changes could significantly impact nursing home financial stability. 4. Older adults are expected to be disproportionately affected by these changes. 5. Potential nursing home closures may arise due to increased patient debt.

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FAQ

Why Bearish?

The changes could lead to significant medical debt for seniors, affecting GNW's long-term-care insurance market, similar to historical impacts from Medicaid policy shifts.

How important is it?

The article discusses significant changes affecting the long-term care sector, crucial for GNW's business model and prospects.

Why Long Term?

As the population ages and baby boomers require more long-term care, the financial strain from Medicaid changes will persist over years, impacting GNW's operations significantly.

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