The CLASS ACT was on life support. Any and all heroic measures have been exhausted and once taken off support, it was unable sustain life. Last Friday, October 14, 2011, the Obama administration stopped any further advances on the Community Living Assistance Services and Supports (CLASS) Act. under PPACA (Health Reform Law). The repeal of this provision is pending........but it appears to be dead.
The Class Act was a good idea on paper but with the adverse-selection that the program would attract, it was doomed to be a tax payers nightmare.
On that note, I wish everyone a Happy Halloween!!
