Long Term Care Insurance Companies
Category Archives for Government LTC Plans
States Have A Medicaid Problem. Medicaid Has A Long Term Care Problem
According to a brief by the Kaiser Family Foundation, six percent of Medicaid enrollees account for nearly half of Medicaid’s spending. The average long term care beneficiary costs Medicaid over $43,000 a year. READ MORE: States have a Medicaid problem. Medicaid has a long-term care problem.
The Tragic Bungling Of A Class Act
Long-term care insurance for the masses came and went without much notice when the Obama administration quietly abandoned the CLASS Act. READ MORE: The Tragic Bungling of a Class Act
Health Law to Be Revised by Ending a Program
The Obama administration scrapped the CLASS Act long term care insurance program because it was too expensive and not financially sustainable. The CLASS Act LTC plan was a good idea and would have guaranteed issuance of a long term care policy even to those with poor health, but the premiums collected would not have been […]
Obama Drops Long Term Health Care Program
The Obama administration has dropped the CLASS Act long term care insurance program because they could not find a financially sustainable model to pay for it. READ MORE: Obama Drops Long-Term Health Care Program
Not A Class Act
The CLASS Act was heralded as a way of saving $70 billion in deficit reduction is now being shelved because it cannot pay for itself. READ MORE: Poof goes $70 billion in alleged deficit reduction”>Not a CLASS act
