Thursday, September 15, 2011

AP Exclusive: Long-term care plan alarms ignored

AP Exclusive: Long-term care plan alarms ignored

Even as leading Democrats offered assurances to the contrary, government experts repeatedly warned that a new long-term care insurance plan could go belly up, saddling taxpayers with another underfunded benefit program, according to emails disclosed by congressional investigators.

Part of President Barack Obama's health care law, the program is in limbo as a congressional debt panel searches for budget savings and behind the scenes, administration officials scramble to find a viable financing formula.

ASSOCIATED PRESS

No comments:

Post a Comment