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BBONDS25
LSU Fan
Member since Mar 2008
18250 posts

fiscal cliff bill...long term care related

Sorry this isn't about gun control, but I read the bill passed for the "fiscal cliff" and it included a provision stating a committee was being formed to analyze and FUND long term care. This is going to be a huge expense. Any idea how we pay for it?


LSUgusto
Member since May 2005
16762 posts

re: fiscal cliff bill...long term care related
quote:

Any idea how we pay for it?
I'll give you three hints....


V


A


T


BBONDS25
LSU Fan
Member since Mar 2008
18250 posts

re: fiscal cliff bill...long term care related
No way that pays for it. Ltc may be as big as health insurance.


LSUgusto
Member since May 2005
16762 posts

re: fiscal cliff bill...long term care related
To me, the VAT seems like an infinite source.

Although, I suppose our government doesn't need to actually pay for a program to pass it.


BBONDS25
LSU Fan
Member since Mar 2008
18250 posts

re: fiscal cliff bill...long term care related
You and I agree. I was just wondering how the fed gov is gonna pay for ltc.


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BBONDS25
LSU Fan
Member since Mar 2008
18250 posts

re: fiscal cliff bill...long term care related
You and I agree. I was just wondering how the fed gov is gonna pay for ltc.


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Diamondawg
Mississippi St. Fan
Mississippi
Member since Oct 2006
12432 posts

re: fiscal cliff bill...long term care related
quote:

Any idea how we pay for it?

1) Somehow limit the amount Medicaid is willing to pay the LTC facility.
2)The look back period has gone from 3 to 5 years. Might increase that to 7 or 8.
3) If Obamacare can care require a person to have insurance, why not require LTC insurance when you get a certain age? It would probably just be a cost-shift, as the government would probably end up subsidizing it,but it might be worth a shot.
4) There could probably be something be done to varying levels of care that are needed to reduce costs but it would be require a fairly large facility to be able to do mush with that.


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