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Number 3 but theres additional Public Comment later. Oh im sorry i didnt know what number we were on. Would you like me to keep your speaker card for later . Its okay. I didnt know what we were talking about. Its all right thank you. Thank you for your comments. Are we finished with Public Comment . Councilmembers have any other comments . Then we shall have a vote. The motion is on the table to approval housing resolution 131. Shall we do role call . Councilmember hair i wong . Approved. Denise. Approved. Approved. Approved. Cochair a del wilson . Approve. Councilmember roland wong . Approved...

Supporting my grandchildren and encouraging them in their education and building their independent lives and there is uncertainty all the way around. When people talk about relying on your assets in order to take care of those needs, what youre saying, that is one lump. When you use them, theyre gone. So you have so many risks, including i didnt even Mention Health care risks and uncovered Health Care Cost that is seniors face. So youre using your assets, that is what youve got to protect you against a whole array of risks. Catastrophic risk like a serious need for intensive longterm care is j...

We export options, theres another option which is that you give a limited benefit up front that everybody gets it. But at least the tail for the Insurance Industry to cover, and that may be less comfortable for them. But i think we need to look at these options and see what is it that the Public Sector can do in d d that creates some space for private sector innovation. Thats where id like to see us explode. The last thing ill ask, and its a question for the record, if any of the witnesses have information are on what you believe the governments present exposure to longterm care of the liabili...

If thats enough. Yes but go ahead. Its a good point. I think its critical to understand. People think we have medicaid. Ill be okay. If theres a problem throughout. And maybe another way to say it is to ask is this a sustainable path that is counting on medicaid to be the safety net whey see people doing in the marketplace right now which is essentially using their savings to purchase something that will keep them from being on the Medicaid Program eventually. In other words its not in theory you want it to be enable you to purchase the services you need in a setting most appropriate for your ...

Overwhelmingly, and it made it with Social Security actuarially sound for the next half century. That was 1983. So, those folks knew how to get along. Chairman nelson, Ranking Member collins and members of the committee, thank you for holding this hearing. And especially for the opportunity to testify about the future of the longterm policy. The perspective that im about to share comes from my work over the past 20 years of the office of management and budget as a person responsible for the Medicaid Budget. And also the last ten or 15 years consulting to a nursing home providers and assisted l...