American Council of Life Insurers
The CLASS Act: Retirement In-Security
Published in Pharma Investments, Ventures and Law Weekly, August 16th, 2009
Under debate as part of health care reform, the Community Living Assistance Services and Supports (CLASS) Act would provide those who participate in a government-sponsored program $50 per day for long-term care services. Participants would have to pay a monthly premium that would be adjusted annually to maintain the program's solvency.
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