Saturday, November 17, 2007

Care Health United Exempt Long Term Care Insurance Premium Payments

Care Health United A bipartisan group of senators on Tuesday introduced a bill that would allow employees to pay long-term care insurance premiums with pre-tax dollars, CQ HealthBeat reports. Under the Long-Term Care Affordability and Security Act -- sponsored by Sens. Chuck Grassley, Blanche Lincoln , Olympia Snowe, Debbie Stabenow and Gordon Smith -- employers could offer long-term care insurance under so-called cafeteria plans, which allow employees to select from a number of tax-exempt benefits, Care Health United as well as flexible spending accounts.

The bill Care Health United, which moves to the Senate Finance Committee for consideration Care Health United, also would improve consumer protections for long-term insurance. Snowe in a statement said Care Health United, "Just 10% of seniors have taken out a long-term care insurance policy, Care Health United and only 7% of all private industry employees are offered long-term care insurance as a voluntary benefit Care Health United.

Reprinted with permission from kaisernetwork.org. You can view the entire Kaiser Daily Health Policy Report Care Health United, search the archives, and sign up for email delivery at kaisernetwork.org/email Care Health United. The Kaiser Daily Health Policy Report is published for kaisernetwork.org, Care Health United a free service of The Henry J. Kaiser Family Foundation.

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