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Putnam Long-Term Health Care Bill Endorsed By US Judicial Conference

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Legislation offered by Congressman Adam Putnam that would make it easier for people to insure against long-term care needs, received a significant endorsement, Putnam announced today. The Judicial Conference of the United States, the policy-making body for the judicial branch of the federal government, has written a letter to the House Ways and Means Committee in support of the reforms the Long-Term Care and Retirement Security Act of 2009 (HR 897) would make to the tax code.

"Almost 5,900 judges and Judiciary employees currently hold long-term care insurance and pay their premiums by payroll deduction," wrote James Duff, the secretary of the conference to the chairman and ranking Republican of the Ways and Means committee. "Amendment of the Internal Revenue Code would allow them to pay these premiums on a pre-tax basis. Pre-tax premium payment effectively reduces the cost of coverage, which may also encourage those who do not have this important insurance coverage to obtain it.

"H.R. 897, which has bipartisan support, would bring about this and other beneficial changes to the federal tax treatment of long-term care insurance premiums and benefits. We therefore respectfully urge Committee action on this bill or similar legislation."

"This is a significant statement of support," Putnam said. "The Judicial Conference represents all the people who work in our federal court system, the third branch of our federal government. I believe their assessment is shared by nearly everyone who has given thought to the possibility of needing long-term care at some point in their lives. I hope the conference's support helps move this important bipartisan legislation forward."

HR 897 has also won the endorsement of America's Health Insurance Plans, the national association representing approximately 1,300 health insurance plans that provide coverage to more than 200 million Americans. Additional information about Putnam's long-term care legislation is available online at www.adamputnam.house.gov/putnam/retirement_security.shtml

Since 2001, Putnam has represented Florida's 12th Congressional District, which includes most of Polk County and portions of Hillsborough and Osceola counties.

Editors please note, the text of the letter is below:

JUDICIAL CONFERENCE OF THE UNITED STATES
WASHINGTON, D.C. 20544

THE CHIEF JUSTICE
OF THE UNITED STATES

James Duff
Secretary
Presiding

Honorable Charles B. Rangel
Chairman
Committee on Ways and Means
United States House of Representatives
Washington, DC 20515

Honorable Dave Camp
Ranking Member
Committee on Ways and Means
United States House of Representatives
Washington, DC 20515

Dear Mr. Chairman and Representative Camp:

On behalf of the Judicial Conference of the United States, the policy-making body for the Judicial Branch, I am writing to express the support of the Judiciary for H.R. 897 or other similar bills that would amend the Internal Revenue Code of 1986 as it pertains to long-term care insurance.

Almost 5,900 judges and Judiciary employees currently hold long-term care insurance and pay their premiums by payroll deduction. Amendment of the Internal Revenue Code would allow them to pay these premiums on a pre-tax basis. Pre-tax premium payment effectively reduces the cost of coverage, which may also encourage those who do not have this important insurance coverage to obtain it.

H.R. 897, which has bipartisan support, would bring about this and other beneficial changes to the federal tax treatment of long-term care insurance premiums and benefits. We therefore respectfully urge Committee action on this bill or similar legislation.

If we may be of additional assistance to you, please do not hesitate to contact our Office of Legislative Affairs at 202-502-1170.


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