What You Need To Know About The “Public Option” For Long-Term Care Insurance

Posted by on Jun 9, 2011 in Long-Term Care Insurance | 0 comments

The CLASS act stands for Community Living Assistance Services and Support Act, and is Title VIII of the Health Care Reform Bill. It is a legacy of the late Senator Ted Kennedy.

The plan creates a voluntary government run long-term care insurance program and is effective January 1, 2011. However, the Department of Health and Human Services has until October 1, 2012 to design the plan, and it is not anticipated to be ready until 2013.

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