Friday, October 14, 2011

Obama's Long Term Care "Class Act" gets terminated

The initiative, known as the Class Act, was included in the law to help Americans cover the cost of aid for daily-living needs such as bathing and using the toilet if they became unable to care for themselves. Mounting concerns that the program was too costly over the long run had prompted officials at the Department of Health and Human Services to re-examine the program in recent months. Last month, it fired the program's chief actuary and reassigned other staff.

HHS Secretary Kathleen Sebelius told Congress in a letter that she doesn't see a viable path forward at this time. By law, implementation of the program was contingent on the HHS secretary ensuring the program was fiscally sustainable and doesn't use taxpayer funding to pay out benefits.