Long Term Care

Long Term Care Class Act Officially Repealed
- commission on long term care established

January 8, 2013 — Long term care is an expensive proposition for the Federal government. The Community Living Assistance Services and Support Act (CLASS Act) was envisioned to reduce the strain on Medicaid. The ACT would have created a voluntary, long term care insurance enrollment option for employees, encouraging people to plan for their own long term care needs thus taking some pressure off of government programs. The voluntary employee enrollment program would have paid a basic lifetime benefit to enrollees requiring long term care insurance.

Premium rates would have been set by the Department of Health and Human Services with subsidies available to those with low income. An effort to repeal the Act began in 2011 by part of the Senate, who feared it would not be sustainable. In October 2011, the Obama Administration dropped the CLASS Act. Finally, on January 2, 2013, the Act was officially repealed as part of the American Taxpayer Relief Act.

Long Term Care and the American Taxpayer Relief Act

On January 2nd, 2013, the American Taxpayer Relief Act was signed into law by President Obama. The so-called "fiscal cliff", a sharp decline in the U.S. budget deficit that may have resulted in a recession, was avoided by many provisions of the new Act. Though the long term care CLASS Act is no more, the new Act contains provisions aimed at improving long term care. Section 643 of the Act creates a federal Commission on Long Term Care, aimed at developing and implementing a plan to establish high-quality long-term care services
and support for Americans. The commission will address how Medicare, Medicaid, and the private long term care insurance market can be improved to benefit long term care users and providers. The Commission has six months to report its findings and recommendations to Congress.

Source: http://beta.congress.gov/bill/112th-congress/house-bill/8?q=%22fiscal%20cliff%22
Contained within the summary below Subtitle C: Other Health Provisions

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