CLASS Act Halted

The Obama administration has put an end to the Community Living Assistance Services and Supports (CLASS) program after failing to find a way to make the program financially self-sustaining.

In a letter to Congress released last Friday, HHS Secretary Kathleen Sebelius wrote, “Despite our best analytical efforts, I do not see a viable path forward for CLASS implementation at this time.”

HHS had been working on plan design options for 19 months, hoping to find a way to meet the health care law’s requirement that CLASS be both actuarially sound and financially solvent for at least 75 years. Their failure to find a solution may have centered around projections that not enough young healthy people would sign up, creating a vicious cycle of higher and higher premiums and fewer and fewer healthier people willing to pay them.

Sebelius pledged to continue to pursue the goal of “making sure Americans can get the long-term care they need ” by offering viable options for those “unable to access private long-term care insurance.”

Sources: ABC News.com; CNN.com; HHS.gov

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Employers Urged to Provide Support for Working Caregivers

LTC impact on the worksite is everyone’s problem!

Laurie Edwards-Tate says in Washington Times (5/11) “LifeCycles,” that “once again, workers who find the competing demands of work and caregiving to be too much of a strain are forced to choose family over their jobs.” She notes that “an AARP study found that caregiving employees are increasingly taking leaves of absence, working less hours, or quitting altogether to cope with their caregiving responsibilities.” According to Edwards-Tate, just as “employers stepped forward with resources” when “working mothers faced challenges with quality child care options,” the “same can be true with caregivers in the workforce.”

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Information About CLASS Act Implementation

February 15th article from The Hill reports the government’s plans about implementation of the the Community Living Assistance Services and Supports (CLASS) Act.

Read the full article here

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