President Obama has signed into law comprehensive healthcare reform legislation that contains a program known as the Community Living Assistance Services and Supporters Act (CLASS Act).
The American Association for Long-Term Care Insurance does not lobby legislative bodies. We are not paid by insurance companies. Our financial support primarily comes from insurance and financial professionals who are members. The mission of AALTCI is to inform and advocate for sound long-term care planning for all Americans and support our membership.
The passage of CLASS does not negate the need for private long-term care coverage in any way. While we have concerns about the long-term fiscal soundness of the plan, we are optimistic that the program will play a significant role in raising consumer awareness about the many issues surrounding long-term health care and the need to plan for the risk of needing this type of costly care.
Many of the details regarding the CLASS program are not yet defined and will be developed through Government regulation. The following is designed to address what is known currently and to answer the most common questions being asked. We will make changes as new information becomes available.
The Association has posted current information. Click on this link to read more about the CLASS Act.
LEARN MORE ABOUT LONG-TERM CARE INSURANCE PROTECTION. Get a free, no obligation quote for Long-Term Care Insurance from the American Association for Long-Term Care Insurance. Click here now!
INSURANCE AGENTS. SELL MORE LONG-TERM CARE INSURANCE PROTECTION. Visit the Association's Online LTC Learning, Marketing & Sales Center. Click here now!
HAVE YOU HEARD ABOUT CRITICAL ILLNESS INSURANCE? Learn more from the American Association for Critical Illness Insurance. Click here now!
MEDICARE SUPPLEMENT INSURANCE COSTS
Click here to learn more!