Yesterday, Rueuters published this article about the support for Representative Alexander's sponsored bill. It's a bill that brings focus to long-term health care. LTC Financial Partner's Jonas Roeser, Senior VP of Marketing and Operations, shares his backing for the plan. Congressman Burton is one of the first to cosponsor this bill.
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."
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."
Comments