Thoughts on "Long Term Care Accountability and Security Act" (2009)

I recently stumbled upon the "Long Term Care Accountability and Security Act." I think it is a good idea, it basically allows employees to set aside long term care money into "cafeteria" accounts and Flex Spending Accounts. These accounts would allow deductions from pre-taxed wages, and employees would be able to delegated where they want the funds to go on eligible expenses. The act, which was past last month, allows people who are still working to save a lot of money. The average nursing home stay for a year is quoted at $75,000. That is more than an average salary, and almost three times the majority salaries. This is unfortunate that necessary care, is so costly. The good thing about this act is that people will be able to use the money towards Adult day care, and other uncommon long term care services that would not typically be covered under Medicare and Medicaid. Granted a lot of studies on the efficacy of Adult Day Care on health have not been conducted, it is important for those will minimal needs and supervision are able to live independently, and are able to socialize, because there life is not over, and the purpose of LTC is to improve or make the best of the quality of life.
Another reason I think this act is good is because it will promote better care in these LTC facilities. When facilities know that they are getting paid and funding is guaranteed, sad to say, but money motivated people. But if that is what motivates these LTC providers and aides then so be it, because it will in the end effect the individuals receiving the services and not the employees themselves.
In closing, it is important for this act to take place. It allows an equal playing field to those seeking LTC as well as saves people millions of dollars in the end.