The CLASS Act Debate: Uncertain Effects for Long-term Care

Supporters of the Community Living Assistance Services and Supports Act (CLASS Act or CLASS plan) believe that it could help support growth in the long-term care industry by creating incentives to save for long-term care. Recently, however, critics have been more vocal about the pitfalls of the plan. The current debate centers on whether the plan will be able to sustain itself over the long term. Conflicting reports from the Centers for Medicare and Medicaid Services (CMS) and the Congressional Budget Office (CBO) have contributed to the debate over whether the CLASS plan will help or hinder long-term care. The CLASS Act is just one of many provisions in the House and Senate health reform bills which themselves are in flux. The CLASS plan is often overshadowed by the larger health care debate, but long-term care professionals may want to follow the CLASS Act because it is likely to have a significant impact on the industry.

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