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HIAA Campaigning For LTC Tax Deduction Bill

By Staff Writer

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NU Online News Service, Aug. 9, 5:35 p.m. – The Health Insurance Association of America, Washington, is launching a grassroots lobbying campaign aimed at supporting H.R. 831 and S. 627, the Long-Term Care and Retirement Security Act of 2001.

The bill will help individuals deduct the cost of long-term care insurance premiums from their taxable income.

The bill already has 147 co-sponsors for the House version and 16 co-sponsors for the Senate version, HIAA says.