Is this health care reform? I don’t think so. The Senate Finance Committee ( SFC ) decided to pull the public health care option from their health care reform bill and replace it with non-profit insurance co-ops. The public plan was flawed enough, but the co-op idea is worse yet.
Long Term Care insurance and Health Care Reform. What a rat’s nest.
It took 11/2 years for Pres. Johnson to come up with Medicare, which covers 80% of medical expenses for seniors and the disabled. Obama wants a plan that covers every American on his desk within the next 6 months! It would take less time if they weren’t trying to reinvent the wheel.
Long Term Care Insurance – With the U.S. economic meltdown firmly established, and 401K and IRA savings decimated, folks are now wondering what to do next, especially regarding retirement security and independence.
Everbody envisions the golden years as a time to relax away from the stresses and strains of working life, but for for many baby boomers it may be a far different picture.
Many retirees, especially us baby boomers, want to retire from their careers yet become involved in other areas such as social and health services.
Demand for home-based caregiving is expected to double by 2050 as the baby boomer generation ages. This expected shortage will limit access to [tag]caregivers[/tag]. If that happens, you can be sure that only folks who can pay good wages will get the care they need.
“Most adults are in denial about their parents’ mortality and avoid asking questions about estate transfer and wills. Oftentimes they do not want to appear greedy about their [tag]inheritance[/tag] or controlling of their parents’ personal matters,†said Clayborne Cotton, founder of prepsmart.com.
