I am deeply concerned that the American public, in particular our nation’s elders, will be relying on our government to give extended term care services they’ll under no circumstances see. They’ll only see the “smoke and mirrors” of Wellness Care Reform.
Our nation’s seniors are the most vulnerable segment of the U.S. population vulnerable both wellness smart and financially. They are silently discovering the savings they believed would be adequate is not enough. They’re silently fearful of running out of income with no a single to care for them as they develop into extra frail. The silence is about to grow to be deafening.
Regrettably, when Well being Care Reform proudly announced New Lengthy Term Care Services, it discouraged lots of American’s from purchasing Lengthy Term Care Insurance coverage.
The New York Instances reported on ‘Options Expand for Very affordable Long-Term Care’ THE NEW OLD AGE. The Connected Press announced ‘New Wellness Care Law Has Added benefits for Seniors’. air physio getting, the casual reader was relieved to hear their government will “take care of them” when they will need extended term care services. We now know that is not about to take place.
Thankfully our representatives in Washington found that Overall health Care Reforms answer to the problem of Lengthy Term Care, “CLASS”, (Neighborhood Living Help Solutions and Supports Act) legislation would have been fiscally unsound. $70 billion in premiums that was anticipated to be raised for the new “lengthy term care” system would have been counted as “deficit reduction”. The extended term care rewards it was intended to finance were assumed not to materialize in the initial ten years. Even so, that money was not accounted for anyplace in the legislation.
The new legislation proposed to “trim” $463 billion from Medicare. Yet Medicare is at the moment getting problems balancing its books now. Yet, why does the wellness care bill inform us Medicare can operate a lot more cheaply going forward devoid of the accompanying reforms?
Our national media gave enormous fanfare to the CLASS ACT when it passed. Sadly the media has given the CLASS ACT’s demise little consideration. Now what?
Projections show that the federal deficit is expected to exceed $700 billion annually more than the next decade. This basically will double the national and $900 billion represents interest on previous debt. Would the CFO of any big corporation in the United States permit the company he worked for to finish up in this kind of economic position? Definitely not.
Our officials in Congress have been elected to safeguard the best interests of the American people. “Robbing Peter to pay Paul”, and once once again printing extra currency, has develop into our government’s mantra for the future. But the magnitude of the mismanagement of America’s purse strings has now reached an unconscionable state.
The United States of America can’t continue to mismanage its financial future. Future Congresses will have to deliver a multitude of future reforms and, regrettably, history tells us THAT will in no way come about. Proposals for financing well being reform had been primarily based on additional “smoke and mirrors”. The “Cadillac” tax is scheduled to start in 2018.
The health care legislation that has been forced on every single and each and every one of us is recognized to be fiscally unsound. Where do we go from right here? It is too quick to point the finger at the President and his administration. But Congress owns the responsibility of passing Health Care Legislation. And THAT is the trouble.
The 535 voting members of Congress shared the duty equally. If 1 clear thinking, intelligent, honorable Congressman had the entire duty for Health Care Reform, he or she would not have forced a fiscally unsound Wellness Care Reform Bill down our throats.
Now let’s once more evaluate how Overall health Care Reform will perform against our senior citizens.
A most recent government report identified that in 2000 there have been 1.8 million out there nursing dwelling beds. As the year 2010 came to a close, there had been 1.7 million nursing house beds a net five percent reduction in obtainable beds. And, there are no new nursing homes being constructed.
Now there’s less than 1.5 million Americans confined to nursing houses. Reportedly ten percent of these nursing properties are operating under bankruptcy protection. It is nicely known that most of these facilities are understaffed and a lot of don’t have competent assistance.
Next, let’s take into account that the Alzheimer’s Association tells us the likelihood of establishing Alzheimer’s after age 85 is 50 %. By 2030, they tell us that the number of people age 65 and older with Alzheimer’s illness is estimated to attain 7.7 million, a 50 % boost from the five.two million age 65 and older currently impacted.
The logical query I need to ask is “if we cannot take sufficient care of 1.5 million people currently, how can we possibly take care of 7.7 million people in 2030?” We can not. Additional simply place, when you or your spouse or your parent has Alzheimer’s, there is no place for them to go. Not to be cruel, but if you ever believe for a moment about taking in an aged parent with Alzheimer’s into your residence, please consider again. Ask any caregiver who’s been via it. It really is Guaranteed to destroy any families’ peace of mind and harmony.
Why aren’t our political leaders actively operating on options? Where’s the outcry? Regrettably our political leaders only align themselves with solvable troubles.
America’s seniors became additional hopeful reading that Wellness Reform will assist them with added Lengthy Term Care solutions. And we now know THAT is not going to come about. There are no plans in spot to aid our nation’s seniors believe they will acquire the comfort and dignity of sufficient lengthy term care services. What is worse is the silence shared by all our political leaders. The silence is now deafening.