Long-term care insurance responds: “The reports of my death have been greatly exaggerated.” For years “experts” have concluded that the long-term care insurance industry is dead. Here are some of the headlines: “What’s killing the long-term...
There’s a great article on CBS Money Watch entitled, “What Health Reform Doesn’t Cover: Long-Term Care for the Elderly”. One of the biggest misconceptions about the CLASS Act (Community Living Assistance Services and Support Act) is that “it will help the elderly...
After the healthcare reform bill (PPACA) passed in March 2010, some people mistook the CLASS Act program as some type of new entitlement. The Community Living Assistance Services and Supports Act (aka The CLASS Act) is the exact opposite of an entitlement program....
Howard Gleckman, author of “Caring for Our Parents” does a superb job of explaining the difficulties facing the CLASS Act program (Community Living Assistance Services and Support Act). In order for the CLASS Act program to be successful, the federal...
When does the CLASS Act (Community Living Assistance Services and Supports Act) become effective? There is a lot of confusion about when the CLASS Act becomes effective. Many reputable sources have erroneously stated that the CLASS Act starts on January 1, 2011,...