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Long-term care insurance plan eyed in House health bill
Democrats push inclusion of the CLASS Act to create a voluntary long-term care program with premiums and a $50 daily benefit, aiming to reduce senior care costs while financing solvency over 75 years. The plan faces insurer and fiscal conservative objections but gains backing from key lawmakers.
MENTIONED IN THIS ARTICLE
Washington, D.C
Frank Pallone
D-N.j
Community Living
Edward M. Kennedy
Barack Obama
House
John Dingell
D-Mich
Senate
Health, Education, Labor and Pensions Committee
Finance Committee
Harry Reid
D-Nev
Paul van de Water
Center
American Council of Life Insurers
Whit Cornman