Navigation Links
Industry Leader Praises Health Reform Bill that Provides 50% Tax Deduction for Long-Term Care Premiums
Date:9/10/2009

KIRKLAND, Wash., Sept. 10 /PRNewswire/ -- Today Jonas Roeser, a long-term care industry leader, declared his support for H.R. 1891, a House bill to make long-term care insurance more affordable through a 50% tax deduction. Roeser is Senior Vice President of Marketing and Operations for LTC Financial Partners LLC (LTCFP) -- http://www.ltcfp.com -- one of the nation's largest and most experienced long-term care insurance agencies.

*(IMAGE 72dpi: Send2Press.com/mediaboom/09-0910-JRoeser_72dpi.jpg)

*(Image Caption: LTC Financial Senior Vice President of Marketing & Operations, Jonas Roeser.)

*(IMAGE 72dpi: Send2Press.com/mediaboom/09-0910-3in4ltc_72dpi.jpg)

*(Image Caption: Logo for "3 in 4 Need More" campaign.)

"Unless long-term care, the unseen elephant in the room, is dealt with, health reform will be incomplete," says Roeser. "According to the U.S. Department of Health and Human Services, at least 70% of Americans over the age of 65 will need long-term care services at some point in their lives. That's 3 in every 4 of us. How can we say it's real health reform if we ignore this need at the most health-challenged stage of life?"

H.R.1891, the Sunset of Life Protection Act of 2009, may be the most politically viable means of plugging the gap, in Roeser's view. It amends the Internal Revenue Code to allow a deduction from gross income for 50% of long-term care premiums without regard to the 7.5 % adjusted gross income limitation applicable to other medical or dental expenses; and it allows individual taxpayers to claim the tax deduction regardless of whether they itemize other deductions.

"Conservatives and liberals alike can agree on the simplicity and effectiveness of tax deductions," says Roeser. My colleagues and I call upon Congress to give serious consideration to H.R. 1891."

The bill's sponsor is Representative Rodney Alexander (R-LA). Co-sponsors to date are Representatives Dan Burton (R-IN), Ronald Paul (R-TX) and Mark Souder (R-IN). "As Congress looks for ways to improve the affordability and availability of quality health care for all Americans," says Alexander, "H.R. 1891 provides an option to lessen the costs of tomorrow by investing in insurance today."

To highlight the long-term care need, Roeser and his organization, LTCFP, recently threw their support behind the "3 in 4 Need More" campaign launched by the LTC Guild, www.ltcguild.com.

"Three in four of us really are at great risk," says Roeser. "Check it out at www.longtermcare.gov. The chances are extremely high that you or someone close to you will need long-term care sooner or later. Even if you yourself never need extended care, your life and income could be disrupted by suddenly having to care for a family member. Or you could lose your savings by having to pay for care expenses out of pocket."

To view a VNR (video news release) for this story, visit:

http://www.send2press.com/newswire/2009-09-0910-004.shtml .

This release was issued on behalf of the above organization by Send2Press(R), a unit of Neotrope(R).http://www.Send2Press.com


'/>"/>
SOURCE LTC Financial Partners LLC
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. GfK Asia Expands into Regional Optics Industry Following Partnership with Singapore Opticianry Practitioners (SOP)
2. Rep. Boustany Hauled in $1.25 Million From Health and Insurance Industry
3. RBC Life Sciences Unveils the ClearPay System - the Industrys First Balancing Compensation Plan That Pays Quickly and Abundantly
4. California Walnut Industry Delivers High-Quality Crop
5. TrueShred Earns Industrys Highest Security Certification
6. FDA Study Indicates Most Industry Postmarketing Studies Meet Timelines
7. Maldonado Medical LLC Forms Strategic Alliance to Provide Timely Physician Reimbursement From the Health Insurance Industry
8. GHX Working with Hospitals and Suppliers to Enable Use of Industry Standard Location and Organization Identifiers in Transactions and Compliance with GLN Sunrise Date
9. Saving Lives Is a Growth Industry
10. Vinpower Digital Announces Industry's First Complete Labelflash Standalone DVD Publishing System
11. CenterWatch Celebrates 15-Year Milestone as Leading Information Provider for the Clinical Trials Industry
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... October 13, 2017 , ... “America On The Brink”: the Christian history of ... Brink” is the creation of published author, William Nowers. Captain Nowers and his ... veteran, he spent thirty years in the Navy. Following his career as a ...
(Date:10/12/2017)... ... October 12, 2017 , ... The company has ... today’s consumer and regulatory authorities worldwide. From Children’s to Adults 50+, every formula ... the highest standard. , These products are also: Gluten Free, Non-GMO, Vegan, ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... system that we intend to develop to enable prevention of a major side ... severe hearing loss, especially in pediatric patients. For cisplatin, hearing loss is FDA ...
(Date:10/12/2017)... ... October 12, 2017 , ... On Saturday, October 21, the Health & Wellness ... Moonlight to raise money for the American Heart Association Heart Walk. Teams of up ... work together to keep their treadmills moving for 5 hours. Treadmills will start at ...
(Date:10/12/2017)... (PRWEB) , ... October 12, 2017 , ... ... the latest in wound care advancements to physician colleagues, skilled nursing facility medical ... titled, "Navigating the Treacherous Waters of Wound Care." , "At many of these ...
Breaking Medicine News(10 mins):
(Date:10/2/2017)... -- Eli Lilly and Company (NYSE: LLY ) ... of 2017 on Tuesday, October 24, 2017. Lilly will ... the investment community and media to further detail the ... begin at 9 a.m. Eastern time. Investors, media and ... the conference call through a link that will be ...
(Date:9/28/2017)... Cohen Veterans Bioscience and Early Signal Foundation ... and home sensors for real-time monitoring of patients with ... nonprofit organization focused on disruptive health solutions for rare ... system to record and integrate behavioral, cognitive, physiological and ... ...
(Date:9/23/2017)... 2017 Janssen Biotech, Inc. (Janssen) announced today ... the U.S. Food and Drug Administration (FDA) for the ... the treatment of moderately to severely active rheumatoid arthritis ... are needed to further evaluate the safety of sirukumab ... "We are ...
Breaking Medicine Technology: