CLASS is an attempt to set up a self sustaining long term care insurance plan, that if successful would make planning for long term care a normal part of being a young adult. Today it is not and that is a large policy problem.
Here are some links to what I have written about CLASS in the past, with lots of background:
- background during health reform debate in the Raleigh News and Observer in Dec 2009.
- More on CLASS in January 2011.
- A January 2010 paper I wrote in Health Affairs on the use of genetic markers as potential underwriting variables for private LTC insurance; has detailed discussion of the reasons people don't now purchase LTC insurance.