I am deeply concerned that the American public, particularly our nation’s elders, will be relying on our government to deliver extended term care services they’ll in no way 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 each wellness smart and financially. They are silently discovering the savings they thought would be sufficient is not sufficient. They are silently fearful of running out of dollars with no one particular to care for them as they come to be extra frail. The silence is about to turn out to be deafening.
Regrettably, when Wellness Care Reform proudly announced New Long Term Care Solutions, it discouraged many American’s from buying Lengthy Term Care Insurance coverage.
The New York Occasions reported on ‘Options Expand for Reasonably priced Extended-Term Care’ THE NEW OLD AGE. The Associated Press announced ‘New Well being Care Law Has Benefits for Seniors’. Point becoming, the casual reader was relieved to hear their government will “take care of them” when they will need long term care solutions. We now know that is not about to come about.
Thankfully our representatives in Washington found that Health Care Reforms answer to the dilemma of Lengthy Term Care, “CLASS”, (Neighborhood Living Assistance Solutions and Supports Act) legislation would have been fiscally unsound. $70 billion in premiums that was expected to be raised for the new “extended term care” plan would have been counted as “deficit reduction”. The lengthy term care positive aspects it was intended to finance have been assumed not to materialize in the 1st 10 years. Having said that, that income was not accounted for anyplace in the legislation.
The new legislation proposed to “trim” $463 billion from Medicare. However Medicare is at the moment obtaining trouble balancing its books right now. But, why does the well being care bill inform us Medicare can operate additional cheaply going forward without the accompanying reforms?
Our national media gave huge fanfare to the CLASS ACT when it passed. Unfortunately the media has provided the CLASS ACT’s demise little interest. Now what?
Projections show that the federal deficit is anticipated to exceed $700 billion annually over the subsequent decade. This basically will double the national and $900 billion represents interest on earlier debt. Would the CFO of any significant corporation in the United States permit the company he worked for to end up in this sort of monetary position? Completely not.
Our officials in Congress have been elected to guard the best interests of the American people today. “Robbing Peter to pay Paul”, and as soon as once again printing more currency, has become our government’s mantra for the future. However 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 economic future. Future Congresses will have to provide a multitude of future reforms and, regrettably, history tells us THAT will in no way take place. Proposals for financing overall health reform had been primarily based on a lot more “smoke and mirrors”. The “Cadillac” tax is scheduled to start in 2018.
The overall health care legislation that has been forced on each and every one of us is known to be fiscally unsound. Where do we go from right here? It really is too quick to point the finger at the President and his administration. However Congress owns the responsibility of passing Overall health Care Legislation. And THAT is the dilemma.
www.safehandsliveincare.co.uk/respite-care/ voting members of Congress shared the duty equally. If 1 clear considering, intelligent, honorable Congressman had the whole responsibility for Wellness Care Reform, he or she would not have forced a fiscally unsound Wellness Care Reform Bill down our throats.
Now let’s again evaluate how Overall health Care Reform will operate against our senior citizens.
A most recent government report identified that in 2000 there were 1.8 million out there nursing house beds. As the year 2010 came to a close, there were 1.7 million nursing property beds a net 5 % reduction in out there beds. And, there are no new nursing homes being built.
Nowadays there is much less than 1.5 million Americans confined to nursing properties. Reportedly 10 percent of these nursing houses are operating below bankruptcy protection. It’s nicely known that most of these facilities are understaffed and lots of never have competent enable.
Subsequent, let’s consider that the Alzheimer’s Association tells us the likelihood of building Alzheimer’s immediately after age 85 is 50 percent. By 2030, they tell us that the number of people today age 65 and older with Alzheimer’s disease is estimated to reach 7.7 million, a 50 % enhance from the five.2 million age 65 and older at the moment affected.
The logical query I will have to ask is “if we can’t take sufficient care of 1.5 million individuals these days, how can we possibly take care of 7.7 million persons in 2030?” We can’t. Extra simply place, when you or your spouse or your parent has Alzheimer’s, there is no location for them to go. Not to be cruel, but if you ever think for a moment about taking in an aged parent with Alzheimer’s into your dwelling, please feel again. Ask any caregiver who’s been via it. It really is Guaranteed to destroy any families’ peace of thoughts and harmony.
Why are not our political leaders actively operating on options? Where’s the outcry? Regrettably our political leaders only align themselves with solvable issues.
America’s seniors became more hopeful reading that Wellness Reform will assist them with added Extended Term Care services. And we now know THAT is not going to take place. There are no plans in place to assist our nation’s seniors assume they’ll receive the comfort and dignity of adequate extended term care solutions. What is worse is the silence shared by all our political leaders. The silence is now deafening.