President Bill Clinton told independent insurance agents from around the nation that a tax credit for long-term care, Medicare prescription drug coverage and improvements in health care that will result in Americans living longer, will all have an affect on the insurance industry. Speaking before more than 800 insurance agents attending the Independent Insurance Agents of America’s 24th annual National Legislative Conference, President Clinton said he supports a $3,000 annual tax credit to help Americans pay for long-term care for a family member.
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