Pros and cons of medicaid planning for long-term care

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Explain the pros and cons of Medicaid planning for long-term care versus obtaining private long-term care insurance. In your response, discuss the process of spending down and address whether the practice is socially responsible. Remember, there is a difference between being socially responsible and legal, so just because it may be legal, is it also socially responsible?

Reference no: EM133214778

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