Final answer:Long-term care is partiallycompetition-driven, particularly in the private sector. While the system cultivates innovation in care, it also struggles with high costs and providing equal access to all. Medicaid is a public assistance program that provides long-term care for those who cannot afford private insurance.Explanation:The assertion thatlong-term caretoday is a competition-driven system ispartially true. The private and public sectors provide long-term care with different approaches and funding structures. The private sector competes for customers who can afford to pay out of pocket or through private insurance. In the public sector, long-term care programs such as Medicaid provide essential services to those who do not have the financial resources for private care.The U.S. healthcare system, including long-term care, strives to strike the right balance between quality, access, and cost. However, both systems aim to deliver high-quality care and innovative solutions to health issues. The competition element within the private sector contributes to advancements in care and sparks innovation.Despite the system's many accomplishments, it grapples with high costs and the challenge of ensuring equal access to care for all. Other countries have lower costs and more equal access, but they often struggle to provide swift access to care and the latest medical advancements.Learn more about Long-term care here:brainly.com/question/31913661#SPJ11...

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