AHCA applauds new long-term care insurance bill
"This bill is an initial step towards boosting Americans' ability to save for and ultimately fund the long term care services that best meets their needs," said Dave Kyllo executive director of NCAL, in a statement.
The bill, which Sen. Charles Grassley (R-IA) introduced late last month, would amend the Internal Revenue Code of 1986 to change the way long-term care insurance is offered. It also would provide additional consumer protections for long-term care insurance. AHCA noted that the bill is in line with its comprehensive healthcare reform proposal.