Bill to Create Federal Long Term Care Health Insurance Plan Quietly Filed in the Senate

A bill has been filed in the U.S. Senate that would create a federal long term care insurance plan. It would cost $50-$75 a month, but pay $50-$75 a day in benefits. Being voluntary, it can’t possibly work from an underwriting perspective—thereby guaranteeing even more harvesting from the mythical money tree if it becomes law.  More over at Secondhand Smoke .

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