Industry Leader Praises Health Reform Bill that Provides 50% Tax Deduction for Long-Term...

Industry Leader Praises Health Reform Bill that Provides 50% Tax Deduction for
Long-Term Care Premiums
Long-Term Care, a Missing Link in Health Reform, Needs Federal Tax Support
Because 3 in 4 Need More than Ordinary Health Care

KIRKLAND, Wash., Sept. 10 /PRNewswire/ -- Today Jonas Roeser, a long-term care
industry leader, declared his support for H.R. 1891, a House bill to make
long-term care insurance more affordable through a 50% tax deduction. Roeser
is Senior Vice President of Marketing and Operations for LTC Financial
Partners LLC (LTCFP) -- http://www.ltcfp.com -- one of the nation's largest
and most experienced long-term care insurance agencies.

*(IMAGE 72dpi: Send2Press.com/mediaboom/09-0910-JRoeser_72dpi.jpg)
*(Image Caption: LTC Financial Senior Vice President of Marketing &
Operations, Jonas Roeser.)

*(IMAGE 72dpi: Send2Press.com/mediaboom/09-0910-3in4ltc_72dpi.jpg)
*(Image Caption: Logo for "3 in 4 Need More" campaign.)

"Unless long-term care, the unseen elephant in the room, is dealt with, health
reform will be incomplete," says Roeser. "According to the U.S. Department of
Health and Human Services, at least 70% of Americans over the age of 65 will
need long-term care services at some point in their lives. That's 3 in every 4
of us. How can we say it's real health reform if we ignore this need at the
most health-challenged stage of life?"

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."

To highlight the long-term care need, Roeser and his organization, LTCFP,
recently threw their support behind the "3 in 4 Need More" campaign launched
by the LTC Guild, www.ltcguild.com.

"Three in four of us really are at great risk," says Roeser. "Check it out at
www.longtermcare.gov. The chances are extremely high that you or someone close
to you will need long-term care sooner or later. Even if you yourself never
need extended care, your life and income could be disrupted by suddenly having
to care for a family member. Or you could lose your savings by having to pay
for care expenses out of pocket."

To view a VNR (video news release) for this story, visit:
http://www.send2press.com/newswire/2009-09-0910-004.shtml .

This release was issued on behalf of the above organization by Send2Press(R),
a unit of Neotrope(R). http://www.Send2Press.com

SOURCE LTC Financial Partners LLC

Dick Samson of EraNova Institute, +1-973-335-3699, media @ eranova.com, for
LTCP