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77. They Make Minimum Wage. They Could Save Your Life.

Freakonomics, M.D.

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The Effect of Minimum Wage on Nursing Homes

If every county increased its minimum wage by this 10% number, that there could be 15,000 fewer deaths in nursing homes each year across the country. Long-term care is a giant sector in the US; it currently accounts for 10% of all Medicaid and Medicare expenditures. A report predicted that the number of Americans needing long-term care will almost double by 2030.

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