May 9, 2000
The Administration supports House passage of H.R. 4040, which would offer long-term care (LTC) insurance to Federal employees and annuitants and their relatives, active and retired members of the uniformed services and their relatives, and employees of the United States Postal Service. On January 4, 1999, the President announced an initiative to improve access to LTC for all Americans. H.R. 4040 would be a significant step in implementing the President's Plan. In addition to encouraging the purchase of LTC insurance for Federal employees, the President's LTC initiative includes a $3,000 tax credit for those with long-term care needs or their caregivers, funds services to support family caregivers of older persons, equalizes Medicaid eligibility for those cared for in home and community based settings, and encourages partnerships between Medicaid and low-income housing for the elderly.
The Administration does, however, have some concerns with H.R. 4040 and will work with the Senate to address them. For example, the Administration will seek amendments to:
The Administration appreciates the bipartisan cooperation that has characterized the discussions of LTC insurance for Federal employees and looks forward to the development of a program that not only will benefit civilian and military individuals and their families, but will also serve as a model for other employers as we meet the challenges of a new century.
H.R. 4040 would affect direct spending; therefore it is subject to the pay-as-you-go (paygo) requirement of the Omnibus Budget Reconciliation Act of 1990. OMB's paygo estimate for this bill is under development.
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