Kennedy Plan Americans would be able to buy long-term care insurance from the government for $65/mo

WASHINGTON (Map, News) -
Proposals that would help disabled seniors and healthy young adults are among dozens of provisions tucked into sweeping health care legislation that senators will begin considering next week.

The 651-page bill released by Sen. Edward M. Kennedy, D-Mass, calls for a new long-term care insurance program that would provide modest assistance at an affordable premium to help disabled people keep living in their own homes. It also would allow children to stay on their parents' health insurance until age 26. That issue is currently regulated by the states, which set widely different requirements.

Broadly speaking, the legislation would revamp the way health insurance works. Insurance companies would face a slew of new government rules, dealing with everything from guaranteed coverage for people with health problems to possible limitations on profits. Taxpayers, employers and individuals would share in the cost of expanding coverage to nearly 50 million uninsured Americans.

Under the bill, Americans would be able to buy long-term care insurance from the government for $65 a month. For students and young workers, premiums would be as low as $5 a month.
http://www.examiner.com/a-2061194~Kennedy_health_plan_aids_elders__young_adults.html

:thumbsup:

Now, this has gotta be government funded, right? (not self-sustaining)

Thats a good step, yes.

be $600 +. BS

Edit because I missed the 'long-term' part of this. But your basic insurance would decrease, I expect.

It's all kind of moot since there's a lot yet that has to be worked out.

:wtf:

Long-term care insurance pays for nursing home or in-home care provided you ever become disabled.

And, it costs far more than $65/month for most people if they purchased it through let's say John Hancock or Genworth or something.

$65/mo for basic health insurance is a good deal.

$65/mo for disability care is amazingly cheap.

will run you about $250 per month or much higher depending on the type of coverage you get. Sixty-five dollars per month is much more affordable. Hope this passes.

I'd LOVE $65/mo. health insurance.

I mean, we know I'm going to be sending you to a nursing home one day.

:hide:

And, Debi already said she'll take care of me.

:)

:7

It is just what ends up costing the for-profits the most money for those few people who end up needing it. A gift to the for-profits to make them more money. Good for people who want it though and cheaper than from the for-profits.

to get it passed if they have to.