Cory Booker's long-term care plan

New Jersey Sen. Cory Booker, a Democratic candidate for president, proposed a long-term health plan to address the growing need for long-term services as the population of Americans over age 65 continues to grow, Politico reports.

The plan expands Medicaid coverage for long-term services by increasing the amount of assets a person can have to $200,000 and increasing income limits to 300 percent of the federal poverty level. Mr. Booker's plan also would increase the minimum wage for long-term care workers to $15 per hour plus benefits.

The total cost of the plan is uncertain, but Mr. Booker plans to fund it through increases to federal taxes, according to the report.

Read more here.


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