For some time now, certain analysts, advocates, and policymakers have recommended the creation of a new social insurance program to finance long-term services and supports (LTSS) for the working-age disabled population and, in particular, the elderly disabled population. This demand came close to fruition when the CLASS program was included in the Affordable Care Act (ACA) and used in the estimate of its budgetary effects (scoring) to help fund that legislation over Congress’ 10-year scoring window. CLASS (Community Living Assistance Services and Supports) would have been a national, voluntary insurance program, sponsored and administered by the federal government, for selling insurance to most workers, with no underwriting, to cover a portion of their LTSS needs. Read more here.
Source: Warshawsky, Mark. “The Urban Institute Model of Financing Long-Term Services and Supports: A critical Review.” Health Affairs Blog. 15 February 2017. http://healthaffairs.org/blog/2017/02/15/the-urban-institute-model-of-financing-long-term-services-and-supports-a-critical-review/.