If you were a political leader, would you make long-term care insurance mandatory for individuals over...

If you were a political leader, would you make long-term care insurance mandatory for individuals over age 65? Why or why not? Provide detailed rationale.

Solutions

Expert Solution

Yes definitely insurance is mandatory albeit at premium costs for senior citizens as they add great deal of experience and welfare to social communities and it is moral right to insure and protect them and thereby reduce mortality rates as well as cover the family incase of sudden death. It also ensures faith in government and promotes democracy.

Various policies like Trumpcare in US and Modicare in India are great landmark policy which are acclaimed world-wide.

Rahul Sunny answered 1 year ago

Next > < Previous

Related Solutions

Why do long-term health care and palliative care private insurance lack popularity among elderly individuals in...

Why do long-term health care and palliative care private insurance lack popularity among elderly individuals in the United States?

If you were a political leader, what one thing would you change in the healthcare system...

If you were a political leader, what one thing would you change in the healthcare system to optimize access of health services to the maximum number of Americans without further escalating costs or diluting quality or timeliness? Provide detailed rationale.

Walter is retired and is paying for long-term care insurance.

Walter is retired and is paying for long-term care insurance. He is 65 years old and pays $4,200 in long-term care insurance premiums and incurred $2,350 worth of long-term care insurance expenses in 2018. If Walter’s AGI is $23,500, how much of the long-term care insurance premiums and expenses can Walter deduct on Schedule A? (2 pt)

What is long term care insurance? Do you think this is a useful tool? Why or...

What is long term care insurance? Do you think this is a useful tool? Why or why not? Would you purchase it? Why or why not?

• Explain the role of insurance on public and private expenditures for Long Term Care. •...

• Explain the role of insurance on public and private expenditures for Long Term Care. • Provide your opinion of the future of Long Term Care, its economic viability and sustainability, and its impact on the overall economy.

You are currently a Sales Manager employed by a company that sells long-term care insurance. Tomorrow...

You are currently a Sales Manager employed by a company that sells long-term care insurance. Tomorrow you will meet with 5 new sales trainees. Your major goal is to explain why it is important to service the sale. What important points will you cover and why would you choose those specifically? (Paragraph form)

David is a healthcare administration leader who manages the operations of a long-term care facility. Within...

David is a healthcare administration leader who manages the operations of a long-term care facility. Within the past 6 months, long-term care patients and residents have experienced an increased number of hospital readmissions due to ongoing acute infections. In striving to ensure effective healthcare delivery and patient safety, David is seeking to use optimization as an analytic technique to determine how to best implement workflow processes to have clinical staff and physicians dedicate time to routine history and full-body observation...

If you were an advisor to the President, what would be your recommendations for the long-term...

If you were an advisor to the President, what would be your recommendations for the long-term solvency and sustainability of the Social Security Program?

Do you think long-term care insurance is valuable? At what age should you consider a policy?

List and elaborate on three reasons Long term care regulations that were introduced. Were the reasons...

List and elaborate on three reasons Long term care regulations that were introduced. Were the reasons political? Were the reasons justifiable? If so why? As of date, have these regulations been proven effective, or have they hurt long term care programs and services? Be sure to post supportive arguments to make your response effective.

Subjects