Financing Long-Term Care After Health Care Reform - Journal Abstract

Only 10% of Americans have long-term care insurance and many insurance companies have terminated, or significantly raised the cost of their long-term care insurance offerings. Within this context, the author examines the CLASS program and compares its various features to currently available long-term care insurance policies, focusing on benefit eligibility, enrollment procedures, scope of benefits, ease of acquisition, program solvency, premium stability, and other features.