Industry Experts Pushing for Medicare Long Term Care Benefit

by Andrew Beckner 7/22/2008 2:48:01 AM

Healthcare industry experts are ramping up pressure on candidates for the 2008 election cycle to address the issue of long-term care planning, specifically a measure that would factor long-term care insurance into the cost of Medicare.

Industry leaders overwhelmingly support a long-term care benefit as part of Medicare, a national survey has found. Nearly 200 experts were polled, with almost four of five supporting a provision that would add a premium to Medicare to help cover the cost of long-term care, an increasing concern for Baby Boomers—the first of which will begin drawing Social Security this year.

More than six of 10 of those polled supports a tax incentive for individuals who purchase their own long-term care insurance.

The news comes as the government undergoes a public-awareness campaign to inform the public about the need for long-term care planning. Called Own Your Future, the pilot program is underway in 16 states, and involves sending out informational packets to those who request them. In Pennsylvania alone, 13 percent of people aged 45 to 65 requested Own Your Future kits.

The U.S. Department of Health and Human Services estimates that 70 percent of Americans who reach the age of 65 will need some sort of long-term care services.

For more information, visit:

PFSHealthyLiving
Sign Up for More Information
Own Your Future (Federal Government awareness campaign)

Be the first to rate this post

  • Currently 0/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5

Tags:

Financial

Related posts

Sponsored Links

Spilman, Thomas & Battle

A full-service law firm with more than 110 attorneys offering business, corporate and litigation services.


Vec3

When you choose to partner with Vec3, you're on your way to designing an integrated Internet marketing strategy that will enhance your business and dramatically improve your bottom line. We are doing more than just building a Web site. We are helping you play an active role in directing a worldwide community toward the targeted products and services your company provides.Communicate. Accelerate. Dominate. Vec3


Devonshire E.D.S.

A leading private sector economic development service organization that applies the highest standards of best land use principles


PFS Healthy Living

It's not just our future we're planning for. Learn more about long-term care options at PFS Healthy Living.