Representative Tom Suozzi, a Democrat from New York, is advocating for a federal program aimed at addressing the affordability issues surrounding long-term care, which is a significant challenge for many Americans. With nearly 70% of individuals expected to require long-term care at some point, Suozzi's initiative is driven by personal experiences and concerns about the rising costs and unaffordability of long-term care insurance.
For many Americans, finding affordable long-term care is a challenge. One congressman wants to create a federal program to help.Still, around 7 in 10 individuals will need that care at some point.Philadelphia news 24/7: Watch NBC10 free wherever you are
Like Social Security and Medicare, Americans would also need to contribute to the program through a payroll tax to receive the benefits. The WA Cares Fund is a public long-term care insurance program provided to workers in the state of Washington. It is funded by a 0.58% tax on employee's gross wages.
LONG-TERM CARE AFFORDABILITY FEDERAL PROGRAM TOM SUOZZI HEALTHCARE
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rep. Tom Suozzi declares victory against Republican challenger in race for George Santos' old seat in NY-3Democratic Congressman Tom Suozzi will keep lying Rep. George Santos’ old seat, projections show.
Read more »
Federal charges filed for man accused of setting fires at federal buildingsA man who investigators say lit three fires at federal buildings or on federal property is facing federal arson charges.
Read more »
Saab proposes sale of Gripen fighter jets to Colombia, eyes Peru dealSaab proposes sale of Gripen fighter jets to Colombia, eyes Peru deal
Read more »
MLB Analyst Proposes Interesting Trade Idea Involving Reds Top Prospect Rhett LowderMLB Analyst Proposes Interesting Trade Idea Involving Cincinnati Reds Top Prospect Rhett Lowder
Read more »
Trump taps Sean Duffy, Fox host and former Congressman, for Transportation SecretaryPresident-elect Trump has picked Sean Duffy, a Fox Business host and former Republican Congressman from Wisconsin, to head the Department of Transportation.
Read more »
Party went too far left on transgender rights this election, Democratic congressman saysWhile President-elect Donald Trump prepares to move back into the White House, Democrats are pointing fingers at each other as they sort out what went wrong.
Read more »