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Long Term Care for All?

April 26, 2019

 

At Liebmann & Van Straten Legal Group, LLC we are knowledgeable in Green Bay Elder Law and Green Bay Long-Term Care Planning.  As part of our Elder Law and Long-Term Care Planning practice, it is important for us to keep tabs on important changes in the law that could affect our Elder Law clients in Green Bay, the Fox Valley and throughout Wisconsin.  It’s helpful to us, and to our clients, for us to stay informed, and pass this information on so that we can share our expertise in Wisconsin Elder Law with you as we receive it.   

 

What if Medicare for All also meant Long Term Care for All?  That is what is being proposed by Bernie Sanders, and some other Democratic Presidential Candidates ahead of the 2020 election.  One of the current hot topics in politics is “Medicare for All”, which is, basically, a law which would provide the same essential services as Medicare provides to senior citizens, to most or all Americans.  There are many versions of the plan.  Long Term Care coverage is a new wrinkle, which would, in theory, provide institutional or in-home care to elderly patients through a national health care plan. “Many Americans assume Medicare covers long-term care, but that’s not the case,” the article explains.  About two-thirds of U.S. adults favor a long-term care program similar to Medicare, according to an Associated Press-NORC Center for Public Affairs Research poll last year.  While support is broad, one big concern is how to pay for a plan.  Several independent estimates have ranged from about $25 trillion to $36 trillion over 10 years.

 

To date, in addition to Sanders, the plan is supported by other democratic presidential hopefuls, Cory Booker, Kristen Gillibrand and Kamala Harris.  It is unclear where other candidates stand, although it is likely that President Trump would not favor any kind of Medicare for All plan.

 

 Should you or a relative have any questions regarding the long term care costs, nursing home costs and Elder Law in Green Bay and its surrounding Wisconsin communities, please do not hesitate to contact the Long-Term Care Planning and Elder Law attorneys at Liebmann & Van Straten Legal Group, LLC. We can be reached at (920) 784-2900. Liebmann & Van Straten Legal Group, LLC prides itself on its expertise in Green Bay Elder Law, Long-Term Care Planning, wills, trusts, gifting, or the best way to allocate assets in an emergency.  Do not hesitate to contact the trusted Green Bay Elder Law attorneys at Liebmann & Van Straten Legal Group, LLC.

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