Long Term Care Insurance Companies
Category Archives for CLASS Act
AARP Joins 50 Groups Opposing Repeal Of The Long Term Care Act
AARP joined more than 50 disability rights grip, unions and other advocates using House and Senate leaders not to repeal the healthcare law’s long term care plan – the CLASS Act. Actuarial reports showed that the CLASS Act long term care plan could not work if it restricted adverse selection by people most likely to […]
The Tragic Bungling Of A Class Act
Long-term care insurance for the masses came and went without much notice when the Obama administration quietly abandoned the CLASS Act. READ MORE: The Tragic Bungling of a Class Act
Health Law to Be Revised by Ending a Program
The Obama administration scrapped the CLASS Act long term care insurance program because it was too expensive and not financially sustainable. The CLASS Act LTC plan was a good idea and would have guaranteed issuance of a long term care policy even to those with poor health, but the premiums collected would not have been […]
Obama Drops Long Term Health Care Program
The Obama administration has dropped the CLASS Act long term care insurance program because they could not find a financially sustainable model to pay for it. READ MORE: Obama Drops Long-Term Health Care Program
Not A Class Act
The CLASS Act was heralded as a way of saving $70 billion in deficit reduction is now being shelved because it cannot pay for itself. READ MORE: Poof goes $70 billion in alleged deficit reduction”>Not a CLASS act
