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eminent and some private industry employees, amount to an unfair tax on those retirees.
• Allowing people over a certain age to cash in life insurance policies and establish a savings account to cover health care costs. The measure would waive the tax penalty which usually accompanies such a capital gain - provided the money is earmarked for health care costs.
• Ensuring private health plans which already cover 36 percent of older Americans meet a minimum standard of coverage and benefits.
Maurice Herndon noted that the American Association of Retired People is offering a long-term, nursing
home care insurance plan, t<^its
(See SLAUGHTER, page ' 17)
95.6%