A topic most people would rather avoid – how to pay for care as you age - is getting some much-needed attention thanks to its place in the federal health care overhaul. Included in the reform bill is the Community Living Assistance Services and Support (CLASS) Act, a long-term care program that will be administered by the federal government.
Unlike anything else we buy, the amount of healthcare we recieve is unrelated to what we pay for it. The following article by David Gratzer articulates this phenomenon:
The Health Care Number You Didn't Hear
On Thursday, the President gathered with Congressional members to discuss health reform. The President and Democratic leaders spoke of many numbers in their attempt to rebuild support for their proposals.
Similar to many of you, I watched with amazement as Northern Iowa beat Kansas in the men's NCAA basketball tournament. Kansas was favored to win the entire tournament. The last time Northern Iowa made it past the second round was in 1990. Farther east, 12th seeded Cornell upset 4th seeded Wisconsin to move onto the Sweet 16. Cornell had yet to win a tournament game before this year. As of March 19th, there were 4.8 million brackets submitted to ESPN. After the first day of the tournament, only 56 were correct. There were so many upsets that only .001% of participants were correct. And that was just after the first day.