As the debate over how to balance the budget and whether to raise our nation’s debt ceiling rages on in Washington DC, we are seeing clearly that one of the fattest targets on the radar screen is Medicaid. Our nation’s Governors from both parties spoke out during the National Governor’s Association (NGA) annual meeting held in July and said they are “most worried that both President Obama and Congressional Republicans wanted to cut Medicaid payments to the states by $100 billion over the next decade.”…
Posts tagged "State Bills"
A Letter to the Wisconsin Legislature on Helping Seniors Pay for Care
The U.S. and the state of Wisconsin is experiencing a massive influx of seniors and Baby Boomers hitting the long term care system at the worst possible time from an economic perspective. This economic crisis now well into its third year is translating into less tax dollars for Medicare and Medicaid to pick up the costs of long term care which is forcing more emphasis back on the consumer to cover costs out of their own pocket. Seniors and their families are uninformed and unprepared to handle…
Cost of Care, State BillsMaine Legislature Enacts Life Settlement Disclosure Bill
Senate and House send LD 1523 to Governor for Signature For Immediate Release (April 1, 2010) – Life Care Funding Group applauded the actions taken this week by the Maine state Senate and House of Representatives as well as the office of the Superintendant of Insurance to protect Maine’s life settlement disclosure law for everyone regardless of the size of their life insurance policy. Maine passed a law last year requiring the insurance industry to inform every life insurance policy owner in the state…
Insurance Disclosure, State Bills