I am deeply concerned that the American public, in particular our nation’s elders, will be relying on our government to give lengthy term care solutions they will under no circumstances see. They’ll only see the “smoke and mirrors” of Health Care Reform.
Our nation’s seniors are the most vulnerable segment of the U.S. population vulnerable both well being sensible and financially. They’re silently discovering the savings they thought would be enough is not adequate. They’re silently fearful of operating out of cash with no one to care for them as they come to be much more frail. The silence is about to grow to be deafening.
Regrettably, when Overall health Care Reform proudly announced New Long Term Care Solutions, it discouraged numerous American’s from purchasing Extended Term Care Insurance coverage.
The New York Occasions reported on ‘Options Expand for Inexpensive Long-Term Care’ THE NEW OLD AGE. The Connected Press announced ‘New Health Care Law Has Benefits for Seniors’. Point becoming, the casual reader was relieved to hear their government will “take care of them” when they have to have lengthy term care solutions. We now know that is not about to happen.
Luckily our representatives in Washington discovered that Health Care Reforms answer to the dilemma of Extended 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 “long term care” program would have been counted as “deficit reduction”. The lengthy term care added benefits it was intended to finance have been assumed not to materialize in the initially ten years. Having said that, that revenue was not accounted for anywhere in the legislation.
The new legislation proposed to “trim” $463 billion from Medicare. But Medicare is at present getting difficulty balancing its books now. However, why does the wellness care bill inform us Medicare can operate more cheaply going forward with no the accompanying reforms?
Our national media gave enormous fanfare to the CLASS ACT when it passed. Unfortunately the media has given the CLASS ACT’s demise small consideration. Now what?
Projections show that the federal deficit is anticipated to exceed $700 billion annually more than the next decade. This essentially will double the national and $900 billion represents interest on preceding debt. Would the CFO of any main corporation in the United States let the firm he worked for to finish up in this variety of financial position? Certainly not.
Our officials in Congress have been elected to safeguard the very best interests of the American people. “Robbing Peter to pay Paul”, and once again printing more currency, has turn out to be our government’s mantra for the future. Yet the magnitude of the mismanagement of America’s purse strings has now reached an unconscionable state.
The United States of America can not 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 take place. Proposals for financing overall health reform have been primarily based on additional “smoke and mirrors”. The “Cadillac” tax is scheduled to commence in 2018.
The well being care legislation that has been forced on every and each one particular of us is identified to be fiscally unsound. Where do we go from right here? It is as well effortless to point the finger at the President and his administration. However Congress owns the duty of passing Health Care Legislation. And THAT is the challenge.
The 535 voting members of Congress shared the responsibility equally. If one particular clear considering, intelligent, honorable Congressman had the whole duty for Wellness Care Reform, he or she would not have forced a fiscally unsound Overall health Care Reform Bill down our throats.
Now let’s once more evaluate how Wellness Care Reform will perform against our senior citizens.
A most current government report identified that in 2000 there were 1.8 million accessible nursing household beds. As the year 2010 came to a close, there have been 1.7 million nursing property beds a net five percent reduction in available beds. And, there are no new nursing houses being built.
Right now there is significantly less than 1.5 million Americans confined to nursing properties. Reportedly 10 percent of these nursing houses are operating under bankruptcy protection. It really is well identified that most of these facilities are understaffed and numerous don’t have competent assist.
Subsequent, let’s look at that the Alzheimer’s Association tells us the likelihood of building Alzheimer’s soon after age 85 is 50 percent. By 2030, they inform us that the quantity of men and women age 65 and older with Alzheimer’s illness is estimated to reach 7.7 million, a 50 percent raise from the five.two million age 65 and older currently impacted.
The logical question I should ask is “if we cannot take adequate care of 1.five million men and women these days, how can we possibly take care of 7.7 million folks in 2030?” We can not. Far more just put, when you or your spouse or your parent has Alzheimer’s, there is no spot 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 dwelling, please assume once more. Ask any caregiver who’s been via it. It’s Assured to destroy any families’ peace of thoughts 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 challenges.
America’s seniors became a lot more hopeful reading that Overall health Reform will support them with added Lengthy Term Care services. And we now know THAT is not going to come about. There are no plans in spot to assist our nation’s seniors consider they will acquire the comfort and dignity of adequate long term care services. What is worse is the silence shared by all our political leaders. The silence is now deafening.