Harris' $40B/yr proposal - At-Home Medicare
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https://www.theguardian.com/society/2024/oct/21/at-home-medicare-senior-spend-down-harris-plan
It's about subsidizing in-home care for folks not quite poor enough to qualify for Medicaid, with a sliding scale of support based on income. As proposed it's estimated to cost $40B/yr.
Harris says she can fund it through expanding Medicare drug price negotiation.
What say you?
Would you it not do this at all, or is there some other spending you would cut to fund something like this?
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Sounds like a great idea, depending on financing.
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As an aside:
'The median cost of a home health aide, someone who helps elderly people and disabled with basic tasks such as cooking and bathing, is $33 an hour or $6,292 a month, according to the financial company Genworth."
How much is the employee paid and how much is the contractor paid assuming for the sake of argument this is correct?
People who do this kind of work are not well paid. This kind of "mark up" seems to apply to caring for the elderly in every article I see about this topic.
This strikes me as wrong.
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My late grandfather could afford that and did for about three weeks. He always said he didn't want to live in a nursing home. His daughter was with him when he died.
I guess the saving grace of my father's death is he had a heart attack and died immediately in his house. He had a stent in his heart and my cousin was right when she told me I could probably guess how he died.
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The state of long term care insurance.