May 31, 2011 | 
by I Advance Senior Care
by I Advance Senior Care Proposed Rule on CLASS Expected by October
After testifying before the U.S. Senate Special Committee on Aging last week, Assistant Secretary for Aging Kathy Greenlee told reporters that a proposed rule amending the Community Living Assistance Services and Support (CLASS) program should be expected in October, according to KHI News Service.
Health and Human Services Secretary Kathleen Sebelius has stated the intent to revise the voluntary long-term care insurance program in order to ensure its solvency for the next 75 years, per the Affordable Care Act’s mandate that CLASS be self-sustaining through premiums and without the aid of federal tax dollars. Sebelius must outline the program’s changes before Oct. 1, 2012.
“Some of the possible changes still being weighed, Greenlee said, include whether to increase the minimum earnings requirement for enrollees, index the premiums for inflation and beef up anti-fraud protections,” KHI reported.
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