I am deeply concerned that the American public, especially our nation’s elders, will be relying on our government to present long term care solutions they’ll never see. They will 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 each well being smart and financially. They’re silently discovering the savings they believed would be adequate is not adequate. They are silently fearful of running out of cash with no 1 to care for them as they grow to be additional frail. The silence is about to come to be deafening.
Regrettably, when Health Care Reform proudly announced New Extended Term Care Services, it discouraged quite a few American’s from purchasing Long Term Care Insurance.
The New York Occasions reported on ‘Options Expand for Economical Lengthy-Term Care’ THE NEW OLD AGE. The Associated Press announced ‘New Wellness Care Law Has Rewards for Seniors’. Point getting, the casual reader was relieved to hear their government will “take care of them” when they need to have long 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 difficulty of Long Term Care, “CLASS”, (Community 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” program would have been counted as “deficit reduction”. The lengthy term care benefits it was intended to finance have been assumed not to materialize in the 1st 10 years. Even so, that money was not accounted for anywhere in the legislation.
The new legislation proposed to “trim” $463 billion from Medicare. But Medicare is at present having difficulty balancing its books these days. But, why does the health care bill tell us Medicare can operate more cheaply going forward devoid of the accompanying reforms?
Our national media gave massive fanfare to the CLASS ACT when it passed. Sadly the media has given the CLASS ACT’s demise small attention. Now what?
Projections show that the federal deficit is anticipated to exceed $700 billion annually over the subsequent decade. This primarily will double the national and $900 billion represents interest on preceding debt. Would the CFO of any main corporation in the United States permit the company he worked for to finish up in this variety of economic position? Completely not.
Our officials in Congress have been elected to guard the most effective interests of the American men and women. “Robbing Peter to spend Paul”, and when once more printing far more 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 monetary future. Future Congresses will have to provide a multitude of future reforms and, regrettably, history tells us THAT will in no way occur. Proposals for financing overall health reform have been primarily based on a lot more “smoke and mirrors”. The “Cadillac” tax is scheduled to commence in 2018.
The wellness care legislation that has been forced on every single and every single 1 of us is recognized to be fiscally unsound. Where do we go from right here? It is as well uncomplicated to point the finger at the President and his administration. Yet Congress owns the duty of passing Wellness Care Legislation. And THAT is the difficulty.
The 535 voting members of Congress shared the responsibility equally. If 1 clear pondering, intelligent, honorable Congressman had the complete responsibility for Well being 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 Well being Care Reform will function against our senior citizens.
A most recent government report identified that in 2000 there were 1.eight million obtainable nursing residence beds. As the year 2010 came to a close, there had been 1.7 million nursing home beds a net 5 % reduction in offered beds. And, there are no new nursing properties being constructed.
These days there is significantly less than 1.5 million Americans confined to nursing properties. Reportedly ten % of these nursing properties are operating below bankruptcy protection. It’s nicely known that most of these facilities are understaffed and numerous do not have competent assistance.
Subsequent, let’s contemplate that the Alzheimer’s Association tells us the likelihood of developing Alzheimer’s right after age 85 is 50 percent. By 2030, they tell us that the quantity of individuals age 65 and older with Alzheimer’s disease is estimated to attain 7.7 million, a 50 % increase from the 5.2 million age 65 and older presently impacted.
The logical query I need to ask is “if we can’t take adequate care of 1.5 million individuals currently, how can we possibly take care of 7.7 million individuals in 2030?” We can’t. A lot more simply put, 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 assume for a moment about taking in an aged parent with Alzheimer’s into your home, please assume again. Ask any caregiver who’s been by way of it. It is Assured to destroy any families’ peace of thoughts and harmony.
Why aren’t our political leaders actively working on options? Where’s Telehealth speech therapy Australia wide ? Regrettably our political leaders only align themselves with solvable complications.
America’s seniors became a lot more hopeful reading that Overall health Reform will support them with added Lengthy Term Care solutions. And we now know THAT is not going to happen. There are no plans in location to help our nation’s seniors think they’ll get the comfort and dignity of sufficient lengthy term care solutions. What is worse is the silence shared by all our political leaders. The silence is now deafening.