| 00:00:01 |
Unidentified Speaker, -
AS THE FIRST NATIONAL LONG-TERM CARE INSURANCE FROM
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| 00:00:06 |
HOST, -
THE GOVERNMENT, HOW WILL THIS RUN? GUEST: IS MEANT TO BE A -- IT IS DESIGNED TO BE AN INSURANCE FINANCED GOVERNMENT PAUL TO HELP US ALL MITIGATE AGAINST...
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| 00:00:32 |
GUEST, -
TO DEVELOP A DISABILITY OF SOME KIND. WE HAVE ALMOST AS MANY YOUNGER PEOPLE WITH DISABILITIES ARE NO IN OUR SOCIETY AND MANY OF THEM WITH A LITTLE HELP...
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| 00:01:26 |
HOST, -
THERE IS NO REASON FOR THEM NOT TO. HOST: WILL THEY BE PENALIZED
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| 00:01:30 |
GUEST, -
IF THEY CHOOSE NOT TO? GUEST: IT IS
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| 00:01:33 |
GUEST, -
ALL VOLUNTARY AND IF THE EMPLOYER DOES NOT OFFER THE PROGRAM AND EMPLOYEE WANTS TO CONTRIBUTE, THE SECRETARY HAS SET UP MECHANISMS TO ALLOW ANYONE TO...
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| 00:01:50 |
HOST, -
PER YEAR. -- ANYONE IS ELIGIBLE AS LONG AS THEY WORK A CERTAIN A NOTE OF TIME PER YEAR.
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| 00:01:56 |
GUEST, -
HOST: THE NUMBERS ARE ON THE SCREEN. THE "NEW YORK TIMES" WRITES THAT LONG-TERM CARE NEEDS HELP -- MEANS HELP WITH DAILY ACTIVITIES LIKE GETTING OUT
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| 00:02:19 |
HOST, -
OF BED, BATHING, DRESSING. NEARLY 10 MILLION AMERICANS NEED ASSISTANCE. ABSENT THIS LAW, WHY WOULD SOMEBODY TYPICALLY PAY FOR LONG- TERM PRIVATE INSURANCE?...
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| 00:03:02 |
GUEST, -
CAN AFFORD IT. IT IS A GOOD PRODUCT IF YOU CAN AFFORD IT. FOR A SELF-IMPOSED POVERTY CALLED MEDICAID. A A -- OR A SELF-IMPOSED POVERTY CALLED MEDICAID....
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| 00:03:43 |
HOST, -
HOST: THIS IS FROM JESSE STONE, THE EXECUTIVE DIRECTOR OF THE AMERICAN
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| 00:03:48 |
GUEST, -
ASSOCIATION FOR LONG- TERM CARE INSURANCE. GUEST: I THINK THAT IS SHORTSIGHTED
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| 00:03:54 |
GUEST, -
AND INCORRECT. THE ACTUARIAL SOUNDNESS OF IT WAS JUDGED BY THE CBO TO SAY THAT IT IS SOLVENT, IS SUSTAINING, SOLVENT FOR 75 YEARS.
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| 00:04:05 |
HOST, -
THERE IS PLENTY OF ACTUARIAL SCIENCE THAT SAYS IT IS A GOOD PROGRAM. THERE ARE ALSO MECHANISMS WITHIN THE
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| 00:04:13 |
GUEST, -
BILL SO THAT THE SECRETARY HAS TO, IN EFFECT, ASSURE CONGRESS REGULARLY AND THAT IT IS SARATOV OUT 20 YEARS PERIODICALLY. -- THAT IS CERONESOUND OUT...
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| 00:05:10 |
HOST, -
OF THESE COMPANIES -- IN FACT, WE HAVE HEARD THAT SOME OF THEM ARE ALREADY THINKING OF SUPPLEMENT OF PRODUCTS TO HELP EVERYONE. HOST: WHEN IS THIS LONG...
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| 00:05:24 |
GUEST, -
AS POSSIBLE. THERE ARE CERTAIN MILESTONES THAT HAVE TO BE REACHED, BUT THE SOONER THE BETTER. HOST: WILL ON THE DEMOCRATS LINE, GO
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| 00:05:40 |
HOST, -
AHEAD. CALLER: I BELIEVE IT SHOULD BE A FUNCTION THAT
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| 00:05:44 |
GUEST, -
IS PROVIDED BY THE GOVERNMENT FROM THE BEGINNING OF LIVE TO THE END OF LIFE. I THINK IT SHOULD BE TAKEN AWAY FROM PRIVATE INSURANCE COMPANIES WHOSE...
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| 00:05:59 |
HOST, -
TAX COULD BE USED TO PAY FOR THIS.
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| 00:06:03 |
CALLER, -
ALL OF THE WESTERNIZED INDUSTRIAL NATIONS HAVE HEALTHCARE, MOST OF THEM DO. I ALSO THINK THAT PRESIDENT OBAMA AND THE CONGRESS SHALL HAVE GIVEN THEM...
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| 00:06:55 |
HOST, -
HAVE AN IDEAL APPROACH
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| 00:06:59 |
GUEST, -
TO THE LONG TERM SERVICES AND SUPPORT SEGMENT. HOST: AND CLASS A STANDS FOR WHAT? GUEST: COMMUNITY LIVING ASSISTANCE SERVICES AND SUPPORTS. HOST: AND...
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| 00:07:24 |
HOST, -
YES, IT CAME A LOT OF SOMETHING CALLED CASH IN COUNSELING, WHICH WORKED WHERE IT -- VERY
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| 00:07:33 |
GUEST, -
WELL. WE RECOGNIZE THAT MEDICAID WAS BECOMING LESS AND LESS VIABLE
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| 00:07:38 |
HOST, -
BECAUSE OF THE GROWING DEMOGRAPHIC POPULATION. THERE HAD TO BE AN ALTERNATIVE.
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| 00:07:44 |
GUEST, -
WE CAME AT IT FROM AN AGING STAND FOR AND THEY CAME AT FROM A DISABILITY STANDPOINT -- FROM AN AGING STANDPOINT AND THEY CAME AT IT FROM A DISABILITY...
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| 00:08:21 |
HOST, -
FOR SOMEONE TO COME IN AND HELP YOU GET TO THE BATHROOM OR FUNCTION EVERY DAY? YOU DO NOT HAVE
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| 00:08:27 |
GUEST, -
COVERAGE FOR ABOUT. SHE HAS EITHER GOT TO STAY ALONE AND QUIT HER JOB -- TO STAY HOME AND QUIT HER JOB, OR HOPEFULLY YOU CAN SURVIVE THE DAY. HOST:...
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| 00:09:05 |
HOST, -
ANY EXCUSE TO COME BY THAT PART OF THE COUNTRY WOULD BE GREAT. HOST: I THINK --
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| 00:09:10 |
CALLER, -
CALLER: I THINK A LOT OF THE PROBLEMS IN OUR COUNTRY HAVE TO DO WITH THE MONETARY SYSTEM AND THAT WE ARE IN AN AGE OF GLOBALIZATION. YOU SEEM LIKE YOU...
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| 00:09:26 |
GUEST, -
ASK YOU WHAT YOU THINK A ABOUT ENTERING INTO GLOBALIZATION AND WHETHER CAPITALISM
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| 00:09:31 |
HOST, -
CAN SURVIVE. HOST: IT'S NOT REALLY OUR TOPIC, BUT IF YOU FEEL LIKE YOU WANT TO ANSWER, GO AHEAD. GUEST: IT IS ABOVE MY PAY GRADE, BUT HERE'S THE THING...
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| 00:09:55 |
HOST, -
BECOME DISABLED. THAT IS CLASSIC CAPITALISM. IT IS CLASSIC SELF RESPONSIBILITY.
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| 00:10:01 |
GUEST, -
IT IS CLASSIC COLLECTIVE GOOD FOR PEOPLE WHO MAY GET INTO TROUBLE. IT IS THE BEST OF A LOT OF DIFFERENT WORLDS. HOST: WHAT'S THE PAPERWORK IF EMPLOYERS...
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| 00:10:42 |
HOST, -
THIS AND CONTRIBUTE TOWARD IT AS AN EMPLOYEE CHOICE COMPETITIVE
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| 00:10:47 |
GUEST, -
GAME BECAUSE THEY RECOGNIZE THE NEED. IT IS ALREADY COSTING EMPLOYERS TO THOUSAND DOLLARS PER EMPLOYEE FOR LOST WAGES ED TAYBA OF WORK -- FOR LOST TIME...
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| 00:11:30 |
HOST, -
HAD HOW DO PEOPLE
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| 00:11:34 |
CALLER, -
ON THE INTERNET FIND OUT WHAT IS IN OUR HEALTH CARE BILL. RURAL AREAS DO NOT HAVE INTERNET ACCESS. AND I AM A DISABLED PERSON. PROBABLY DISABLED FOR...
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| 00:12:22 |
HOST, -
PROVIDE FOR A LARGE INSURANCE
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| 00:12:27 |
CALLER, -
POOL THAT IF YOU HAVE HAD THIS INSURANCE BEFORE YOU BECAME DISABLED, YOU WOULD BE ELIGIBLE TODAY FOR, ON AVERAGE, $75 PER DAY BENEFIT. THAT IS ACCORDING...
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| 00:12:42 |
GUEST, -
TO HELP YOU BE AS INDEPENDENT AS POSSIBLE. IT PAYS FOR ITSELF. YOU COLLECT IT BECAUSE YOU HAD THE FORESIGHT AS A CITIZEN WHEN YOU WERE YOUNGER TO PAY...
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| 00:13:19 |
HOST, -
YOU WOULD KNOW EVERYTHING THEY NEED TO KNOW ABOUT HEALTH CARE.
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| 00:13:28 |
CALLER, -
AND THE SECOND THING I WANT A OF CITIZENS TO REALIZE IS THAT WE CAN EITHER PAY FOR EACH OTHER OR LATER. IF HIGH BLOOD PRESSURE IS TAKING CARE OF NO,...
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| 00:14:20 |
GUEST, -
CHILD. THIS IS WHY WE ARE BEGINNING TO SEE AS -- ALMOST AS MANY DIFFERENT YOUNG GIRL PEOPLE WITH DISABILITIES FOR DIFFERENT REASONS. THESE ARE VERY HARD...
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| 00:15:46 |
HOST, -
THIS. THIS PROGRAM PROVIDES FOR STUDENTS AT $5 PER MONTH TO BEGIN INSURING AGAINST THIS. THE PLANNING PART OF IT IS ONE OF THE
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| 00:15:56 |
GUEST, -
GENIUSES OF THE PROVISIONS OF THE BILL. HOST: PRAIRIE GROVE, ARK., GOOD MORNING. CALLER: IN THE MORNING WHEN WE HAVE TO STICK TO THE SUBJECT, WOULD YOU...
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| 00:16:23 |
HOST, -
THE FEDERAL RETIREMENT TO MANDATE TO A PRIVATE CITIZEN, YOU HAVE GONE
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| 00:16:27 |
CALLER, -
DOWN SOCIALISM AND ENTERED COMMUNISM. MAKE NO MISTAKE, ONCE THEY FIND OUT THEY CAN DO THIS, THEY WILL MANDATE EVERY RIGHT YOU EVER HAD AWAY FROM YOU....
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| 00:17:01 |
HOST, -
CALLER: I GET A LITTLE TIRED GOVERNMENT TRYING TO
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| 00:17:06 |
GUEST, -
TAKE OVER THE ENTIRE INSURANCE BUSINESS. I DEAL WITH LONG-TERM CARE ALL THE TIME. LET ME TELL YOU SOMETHING, PEOPLE DO NOT WANT TO MAKE THE CHOICE. FAMILIES,...
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| 00:17:24 |
CALLER, -
ONES. THAT IS PART OF THE SOUTHERN WAY OF DOING BUSINESS. BUT I AM TIRED OF IT TAKING OVER THE NATIONAL HEALTH CARE BUSINESS, TRYING TO TAKE OVER LONG-TERM...
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| 00:18:23 |
GUEST, -
FOR THEIR LOVED ONES. WE SEE IT EVERY DAY. MOST FAMILIES WILL HAVE THAT OPPORTUNITY AND HONOR AND CHALLENGE. HOST: BECAUSE THIS BENEFIT IS PAID DIRECTLY...
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| 00:18:53 |
HOST, -
WORK TODAY, AND YOU DO NOT HAVE SOMEBODY TO COME IN AND HELP YOU WHILE YOU WORK, THIS PUTS DOLLARS IN IRAN
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| 00:19:00 |
GUEST, -
TO HELP YOU DO THAT. IF YOU ARE A YOUNG -- IN YOUR HAND TO HELP YOU DO THAT. IF YOU ARE YOUNGER DISABLED PERSON, IF THEY CAN GET UP AND DRESS THEMSELVES...
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| 00:19:49 |
HOST, -
SERVICES PROGRAM, THIS WOULD GET SOME THINGS THAT AREN'T WOULD NEVER BE ABLE TO COVER. IT IS A
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| 00:19:56 |
HOST, -
WIND-WHEN -- THAT GOVERNMENT WOULD NEVER BE ABLE TO COVER. IT
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| 00:20:01 |
GUEST, -
IS A WIN-WIN SITUATION. THE TAXPAYER WINS TWO WAYS. THEY HAVE CASH IN THEIR POCKETS IF THEY BECOME DISABLED, AND THE MEDICAID PROGRAM BEGINS TO SAVE...
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| 00:20:45 |
HOST, -
WORK PART TIME TO THE WILL
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| 00:20:49 |
CALLER, -
TO PARTICIPATE IN THE PROGRAM, AS I UNDERSTAND A LOT.
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| 00:20:55 |
GUEST, -
HOST: DUSTIN, FLORIDA. -- DESTIN, FLORIDA. CALLER: IF YOU'RE GOING TO HAVE DEMANDED, YOU ARE GOING TO HAVE TO MONITOR THE INSURANCE COMPANY VERY CLOSELY...
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| 00:21:15 |
HOST, -
SAME AS HOLDERS. BUT IF THE INSURANCE COMPANY CAN BE ALL OF THOSE PEOPLE -- CAN BEAT ALL OF THOSE PEOPLE WHO PAID THEIR PREMIUMS OF THE
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| 00:21:25 |
CALLER, -
MONEY, THEY ARE WILLING TO BEAT THE GOVERNMENT OUT OF THEM MONEY. GUEST: CLASSICAL MONEY IS SET APART -- CLASS MONEY IS SET APART IN A TRUST FUND. I...
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| 00:21:54 |
GUEST, -
TRANSPARENT THAN A PRIVATE INSURANCE PRODUCT. HOST: THE HOUSTON CHRONICLE WROTE THAT TO BOOST PARTICIPATION, THE NEW BENEFIT CONTAINS AN OPT OUT PROVISION,...
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| 00:22:20 |
HOST, -
U.S. RESIDENTS CARRY THAT COVERAGE SO FAR. WHAT IS YOUR BEST CASE SCENARIO UNDER THE NUMBERS OF THIS FEDERAL PLAN? GUEST: I BELIEVE THE CBO STUDIES SHOWED...
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| 00:22:49 |
GUEST, -
ADVOCACY ORGANIZATIONS THAT SUPPORTED CLASS, WHICH WAS UNPRECEDENTED. THE MORE PEOPLE THAT BY THIS, TOMORROW -- TO LOWER THE PREMIUMS WOULD BE NO MORE...
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| 00:23:30 |
HOST, -
SECRETARY, AND THERE WOULD BE A MECHANISM IN PLACE TO DETERMINE SOME AS LOVELL OF DISABILITY.
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| 00:23:36 |
GUEST, -
THERE ARE TOOLS AND MECHANISMS TO DO THAT. -- SOMEONE'S LEVEL OF DISABILITY. THERE ARE TOOLS AND MECHANISMS TO DO THAT. THE ISSUE HAS BEEN RAISED OF...
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| 00:23:45 |
HOST, -
YOU PROTECT SOMEONE WHO MAY BE A VULNERABLE.
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| 00:23:49 |
GUEST, -
MANY OF THE RESOURCES ARE AVAILABLE TO DO THAT IN EVERY COMMUNITY. WE HOPE WE WOULD BE USING EXISTING RESOURCES AS OPPOSED TO TRYING TO DUPLICATE THINGS...
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| 00:24:25 |
HOST, -
CARE. I THINK IT IS IMPORTANT TO LIVE A CONSERVATIVE LIFESTYLE FOR ME. BUT I THINK ONE OF THE THINGS PEOPLE THIS IS WHAT IS HAPPENING IN THE LONG TERM...
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| 00:24:43 |
CALLER, -
THINK ABOUT DROPPING FOR OUR CHILDREN'S FUTURE, BUT I THINK ABOUT 10, 20, 40 YEARS FROM NOW, IT WILL BE INCREASINGLY IMPORTANT TO DEAL WITH THESE ISSUES...
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| 00:25:33 |
GUEST, -
I CAN WITHOUT GOING ON THE GOVERNMENT IMPOSED POVERTY PROGRAM CALLED MEDICAID. CLASS IS THE LONG VIEW. IT IS ONE OF THE LONG TERM, TRANSFORMATIONAL...
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| 00:26:15 |
HOST, -
TRUST OVERSEEN BY A GOVERNMENT APPOINTED BODY. IT IS NOT A PRIVATE INSURANCE PLAN, NO.
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| 00:26:23 |
CALLER, -
CALLER: BUT THE REST OF THE HEALTH BILL -- THE HEALTH BILL, OTHER THAN WHAT YOU'RE JUST TALKING
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| 00:26:31 |
GUEST, -
ABOUT, UTILIZES INSURANCE COMPANIES, CORRECT? AND THAT A GUEST: CARE AND MEDICAID, GUEST: AND THE EXISTING AND MEDICARE AND MEDICAID AND THE EXISTING...
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| 00:26:46 |
CALLER, -
THOSE. THERE'S PLENTY OF COMPETITION IN THE MARKETPLACE, I BELIEVE. CALLER: I'VE HEARD THAT THIS IS BASICALLY FUNNELING INTO INSURANCE COMPANIES THAT...
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| 00:27:12 |
CALLER, -
CAN START SAYING THAT. THERE'S NO WAY YOU CAN SAY THAT ANYTHING THERE IS COMMUNIST. HOST: ANY LAST THOUGHTS ON THAT? GUEST: AGAIN, I COME BACK TO CLASS....
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| 00:27:40 |
HOST, -
STANDPOINT, EVERYBODY IS THERE, IT IS FAIR
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| 00:27:42 |
GUEST, -
AND JUST AND REGARDLESS OF YOUR MEANS YOU GET HIS DAILY CASH BENEFITS. WE THINK WE HAVE SOMETHING THAT IS A WIN FOR EVERYBODY THAT HAS NO PARTICULAR...
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| 00:28:41 |
HOST, -
RIGHT, IT IS A 5-YR REV UP AND THEN FIVE YEARS OF BENEFITS AFTER THAT. HOST: SO, NOBODY CAN GET BENEFITS FOR FIVE YEARS. GUEST: RIGHT. THE CBO SCORES...
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| 00:29:02 |
GUEST, -
ASSUMPTIONS. AND IF IT LOOKS LIKE THE SECRETARY IS
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| 00:29:07 |
HOST, -
GOING TO BE IN A DEFICIT POSITION, THEN SHE HAS THE AUTHORITY TO ADJUST THE PREMIUM.
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| 00:29:11 |
GUEST, -
IN A 10-YEAR BUDGET CYCLE, YES, IT IS REVENUE WITHOUT EXPENSE. IN THE SECOND 20 YEARS, THE WELL NEVER RUNS DRY. BECAUSE YOU, IN EFFECT, ARE PRE FUNDING...
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| 00:29:52 |
HOST, -
CALLER: I HAVE A VERY PRACTICAL QUESTION SPECIFIC TO MY SITUATION. I AM 82 YEARS OLD. I HAVE
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| 00:30:01 |
GUEST, -
HAD SEVERAL DIFFERENT HEALTH PROBLEMS SUCH AS HEART ATTACKS, CANCER, SEIZURES. AND RIGHT FAIRLY HEALTHY --
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| 00:30:13 |
CALLER, -
RIGHT NOW, I'M FAIRLY HEALTHY. BUT I WANT TO KNOW WHAT WILL HAPPEN IF I SUDDENLY BECOME DISABLED AND HAVE TO GO TO A NURSING A ROOM FOR LONG-TERM CARE....
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| 00:30:58 |
GUEST, -
TO THE NURSING HOME AFTER THAT, THEN YOU WOULD HAVE TO PAY OUT OF YOUR OWN POCKET OR IF YOU HAVE A PRIVATE LONG-TERM CARE INSURANCE, IT MAY HELP YOU....
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| 00:32:07 |
HOST, -
PLANS THAT ARE OUT THERE KNOW WITH THE NEW REGULATIONS? WOULD THERE BE AN -- A REDUCTION IN PREMIUMS
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| 00:32:14 |
CALLER, -
STATE-BY-STATE OR WILL THIS BE A PROGRAM TOTALLY RESPONSIBLE THROUGH THE FEDERAL GOVERNMENT? GUEST: IF YOU HAVE DISABILITY INSURANCE TO DEFER INCOME...
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| 00:32:45 |
GUEST, -
BUYING THIS FOR HER AND FOR ME. I WOULD SAY, FOR ME, IT IS A WAY TO SUPPLEMENT WHAT THE POLICY PROVIDES AN FOR HER, IT WOULD BE PRIMARY COVERAGE. IT IS...
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| 00:33:34 |
HOST, -
BUT THAT IS WHAT INSURANCE IS FOR. I HAVE
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| 00:33:38 |
GUEST, -
BECOME FRIENDS IN THIS PROCESS WITH A 40-YEAR-OLD WOMAN WITH THE CEREBRAL PALSY WHO WORKS AS AN ATTORNEY AND HAS A TEENAGE SON AND A HUSBAND. SHE CANNOT...
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| 00:34:32 |
HOST, -
THEY OFFER THESE 90-DAY PLANTS
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| 00:34:36 |
CALLER, -
LAURA -- BUT I DO KNOW IF THE SPEAKER IS AWARE OF THESE 90-DAY PLANTS. -- 90-DAY PLANS. IF YOU ARE IN A CITY THAT IS REQUIRED COVERING -- GOVERNING THESE...
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| 00:35:58 |
GUEST, -
IN WITH $50, $75, MAYBE $100 A DAY TO HELP YOU PAY FOR ASSISTED LIVING, WHICH RIGHT NOW IS EITHER COMING OUT OF YOUR POCKET, OR IF YOU ARE IN A STATE...
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| 00:37:01 |
CALLER, -
NOT WANT THE GOVERNMENT TO RUN OUR LIVES, [UNINTELLIGIBLE] ONCE I GOT ON -- I WAS GOING TO HAVE TO GET MY SON OF COLLEGE TO TAKE CARE OF ME. I'M A PERSON...
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| 00:38:05 |
HOST, -
THE THING IS, IF
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| 00:38:12 |
CALLER, -
I HAD INSURANCE, I WOULD NOT HAVE TO TAKE MY SON OF SCHOOL. I WOULD NOT HAVE TO HAVE SOMEONE TO TRY TO HELP ME OUT. HOST: WE WILL GET ANY ANSWER FROM...
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| 00:38:44 |
HOST, -
AND MORE POOR IN DOING SO. IF SHE HAD THIS PLAN AND COMCAST WOULD HAVE MADE
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| 00:38:49 |
GUEST, -
AVAILABLE NOT AT COMCAST'S EXPENSE, BUT HER EXPENSE, SHE WOULD HAVE CASH IN HAND TO HELP HER SUPPLEMENT HER DAILY NEEDS. THINK ABOUT WHAT IMPACT THAT...
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| 00:39:33 |
HOST, -
THERE IS A WEBSITE THAT WE HAVE DEVELOPED WITH A NUMBER OF OTHER GROUPS CALLED THE SENIORS TO SENIORS THAT HAS ANOTHER BIT OF GOOD INFORMATION ON IT....
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| 00:39:47 |
GUEST, -
AARP AND A LOT OF OTHER GROUPS HAVE DONE SOME GOOD THINGS THERE. THESE ARE HARD THINGS TO TALK ABOUT AND ANY OF OUR LIVES CAN CHANGE IN A HEARTBEAT....
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| 00:40:41 |
HOST, -
NATIONAL CAPTIONING INSTITUTE] [CAPTIONS COPYRIGHT NATIONAL CABLE SATELLITE CORP. 2010] . . >>
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| 00:40:48 |
GUEST, -
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| 00:40:50 |
GUEST, -
THE
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NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.