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Medicaid has been burdened in recent years by substantial increases in the amount of Americans suffering from debilitating illnesses, alongside a corresponding winnowing of private insurance carriers offering long-term coverage. (Photo: iStock)

A steep rise in both the costs of long-term care and the number of Americans requiring such services threatens the extended stability of Medicaid financing. The federal program has been severely burdened in recent years by substantial increases in the amount of United States residents suffering from debilitating yet not life-threatening illnesses alongside a corresponding winnowing of private insurance carriers offering long-term coverage.

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