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What about Long Term Care Insurance?
9/11/09

Posted on 09/11/2009 7:36:08 AM PDT by pabianice

I have looked through the incomprehensible HR 3200 and can find no discernable reference to private long term care health insurance. However, my read suggests that ObamaCare will also end all private LTC insurance policies and replace them with ... nothing. Since LTC premiums are adjusted severy several years tro reflect a person's age, the bill suggests that once that occurs your LTC insurance is automatically canceled and you get ... nothing. You get to die at home. Quickly.

Anyone out there who has deciphered ObamaCare enough to clarify this?


TOPICS: Business/Economy; Chit/Chat; Health/Medicine; Society
KEYWORDS: agenda; bho44; bhohealthcare; healthcare; healthcarebill; healthinsurance; hr3200; insurance; ltc; ltcinsurance; obama; obamacare; socializedmedicine
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1 posted on 09/11/2009 7:36:09 AM PDT by pabianice
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To: pabianice

I would really be interested in hearing more about this. We both have a LTC policy that is inflation adjusted and been paying premiums for several years now.


2 posted on 09/11/2009 7:39:19 AM PDT by bergmeid
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To: pabianice

No, I think there’s nothing to what you are saying.


3 posted on 09/11/2009 7:44:50 AM PDT by babble-on
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To: babble-on
Did you read this?

Health Care Bill includes CLASS provisions to TAKE OVER Long Term Care insurance.

The bunch of shysters.

http://www.freerepublic.com/focus/f-news/2337202/posts

4 posted on 09/11/2009 7:49:25 AM PDT by Dinah Lord
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To: Dinah Lord

YEEESH!

No, I was blissfully unaware of all of that! Holy craparoni and cheese, that is a mountain of disaster that no one has even mentioned up to now, that I have seen.


5 posted on 09/11/2009 7:56:06 AM PDT by babble-on
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To: pabianice

You won’t need long term care insurance because when you are denied treatment, you won’t be around very long.

But there’s no death panels.


6 posted on 09/11/2009 7:58:17 AM PDT by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: Secret Agent Man; SierraWasp; tubebender; NormsRevenge; Ernest_at_the_Beach
You summarized what I intended to post and very well:

You won’t need long term care insurance because when you are denied treatment, you won’t be around very long.

My added comments: Probably hidden in the bill someplace will be something that allows SEIU thugs to come into our homes to administer the final solution/er care. They will be paid first when IRS takes over our estates.

7 posted on 09/11/2009 8:03:45 AM PDT by Grampa Dave (Does 0b0z0 have any friends, who aren't traitors, spies, tax cheats and criminals?)
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To: Dinah Lord; SierraWasp

Thanks for this link. Scary stuff. We had ltc insurance with GE and Genworth bought it. Last year it looked like Genworth might go belly up. Their stock has had a good recovery this year.

http://www.freerepublic.com/focus/f-news/2337202/posts


8 posted on 09/11/2009 8:08:11 AM PDT by Grampa Dave (Does 0b0z0 have any friends, who aren't traitors, spies, tax cheats and criminals?)
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To: Grampa Dave

Be Afraid...Very Afraid and treat me nice. I have put my name in for Czar of the Living and the Dead Commission. I want to spin the Wheel of the not so Fortunate...


9 posted on 09/11/2009 8:20:47 AM PDT by tubebender (Santa Claus is always jolly cause he knows where all the bad girls live...)
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To: tubebender

“Be Afraid...Very Afraid and treat me nice. I have put my name in for Czar of the Living and the Dead Commission. I want to spin the Wheel of the not so Fortunate...”

So what does that Czar job pay?


10 posted on 09/11/2009 8:24:02 AM PDT by Grampa Dave (Does 0b0z0 have any friends, who aren't traitors, spies, tax cheats and criminals?)
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To: pabianice

I expect the $5000/year premiums my wife and I have been paying will be worthless, as will all the money we’ve paid into Medicare for 40 years. Why live here anymore?


11 posted on 09/11/2009 8:25:44 AM PDT by clintonh8r (Love my country. Hate my government./Barack Obama: An authentic "African American.")
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To: Grampa Dave

My LTC policy is with GE, also. I have a GREAT plan and have been paying premiums for quite a few years.

I can’t believe this. I am flummoxed and gob-smacked.

They sure do sneak a lot of crap into these bills and there is no way to keep abreast of all of it. The responsible citizens are being hung out to dry or die....in order to make life nicer for 10% of the population.

What can we do?


12 posted on 09/11/2009 8:27:11 AM PDT by Dudoight
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To: tubebender

Judge Napolitano...Illegal Aliens must get health care per Constitution under Obama’s bill.
http://www.youtube.com/watch?v=8scQhYymPO8


13 posted on 09/11/2009 8:27:11 AM PDT by RummyChick
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To: clintonh8r

“I expect the $5000/year premiums my wife and I have been paying will be worthless, as will all the money we’ve paid into Medicare for 40 years. Why live here anymore?”

The only thing I can think of is to divest yourself of all that you have worked for, house, savings, pension....become a pitiful person with your hand out. You will be seen as no threat to the government, and the liberals will love you in your desolation and their ability so show how compassionate they are through all the free stuff they will give you.

If you don’t do this you are obviously and evil capitalist with means and worth. You selfish sod!


14 posted on 09/11/2009 8:38:38 AM PDT by Dudoight
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To: Grampa Dave

No federal money involved as I’ll make my money from you FReepers who have the funds to have me activate the stop magnet. Of course those that have aggravated me over the years will finally get the Mother of all ZOTs...


15 posted on 09/11/2009 8:44:08 AM PDT by tubebender (Santa Claus is always jolly cause he knows where all the bad girls live...)
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To: tubebender

“Of course those that have aggravated me over the years will finally get the Mother of all ZOTs!”

Do you have a Top 10 list?


16 posted on 09/11/2009 8:55:36 AM PDT by Grampa Dave (Does 0b0z0 have any friends, who aren't traitors, spies, tax cheats and criminals?)
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To: Grampa Dave

I don’t know about SEIU, it could be ACORN or Obama’s National Citizen Corps or whatever Civilian police force he wants.

But since the IRS will have access to a persons’ bank accounts, when you die, they will calculate what your taxes are and automatically deduct them form your accoutns, and if you owe, they’ll grab the rest from your kids. If they make a mistake it’s up to you to prove it to get any money back.


17 posted on 09/11/2009 9:02:02 AM PDT by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: Secret Agent Man

Find a few conservatives you know in the nursing home and home care fields and ask them about the SEIU thugs in those areas.


18 posted on 09/11/2009 9:11:28 AM PDT by Grampa Dave (Does 0b0z0 have any friends, who aren't traitors, spies, tax cheats and criminals?)
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To: pabianice

The Whole point.. is no one gets a “long term”


19 posted on 09/11/2009 4:49:09 PM PDT by TASMANIANRED (TAZ:Untamed, Unpredictable, Uninhibited.)
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To: Secret Agent Man; Grampa Dave; tubebender
Speaking of ACORN... I hear on a network radio newscast this afternoon that they are now seperated from the Commerce Department's US Census Bureau in any way shape, or form!!!

Now you guys see how delerious Demonicrats can get! They've been pist about no governmental Long-Term Care ever since it was carved out of Medicare as it was passed into law. So they been agitatin for this through two TX Presidents!!!

20 posted on 09/11/2009 6:33:21 PM PDT by SierraWasp (Obama Targets Medicare Advantage Plans (Seniors Are Getting Screwed!!!))
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