CLASS: A New Voluntary Long-Term Care Insurance Program

Source: Paul N. Van de Water, Center on Budget and Policy Priorities, April 16, 2010

From the summary:
The new health reform law establishes a federal, voluntary long-term care insurance program, known as Community Living Assistance Services and Supports, or CLASS. This brief paper describes the need for CLASS, explains its benefits and financing, and corrects some misconceptions about the program’s effect on the federal budget.

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