Long Term Care Insurance Bill Introduced in House
April 29th, 2009
In recognition of the enormous social and economic impact of long term care and the costs associated with that care, a bill was introduced in the House of Representatives to increase the accessibility of long term care insurance (LTCI) to Americans.
The “Long-Term Care Affordability and Security Act” would would permit LTCI to be included in employer-sponsored cafeteria plans and flexible spending accounts (FSAs), enabling people to pay LTCI premiums using pre-tax dollars.
You can visit govtrack.us to read the full text of the document and track the bill’s progress.
Related posts:
- What’s Mine is Yours (Shared Policies)
- LTCI Q&A in New York Times
- Do Medicare Medicaid Services Cover Long Term Care?
Long Term Care Insurance, Medicare Medicaid Services, Uncategorized
This will make the LTC benefit tax qualified, educating the consumer is going to be a critical!