From our associates at PHI comes the following notice.

State Medicaid programs will spend $1.6 trillion on long-term care expenses over the next twenty years, according to a new study (pdf 3.2MB) released by America's Health Insurance Plans (AHIP).

The AHIP study claims that if current policies and trends continue, between 2008 and 2027 annual Medicaid long-term care expenditures will grow by 124% from $51.5 billion to $115.6 billion.