What is 'CLASS'?

Munnell, Alicia Haydock, and Josh Hurwitz. “What is 'CLASS'?”. Issue in Brief 11-3, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, February 2011. http://hdl.handle.net/2345/bc-ir:104196.
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Abstract

The brief's key findings are: (1) Long-term care is the major uninsured expense for most retirees. (2) CLASS is a new, voluntary, national program designed to: (2a) alleviate the need for families to impoverish themselves to qualify for Medicaid; (2b) reduce the burden of care on families; and (2c) The primary challenge to CLASS is adverse selection - participation mainly by the less healthy.

Title
What is 'CLASS'?: And will it work?
Author
Munnell, Alicia Haydock
Hurwitz, Josh
School
Carroll School of Management
Discipline
Finance
Center
Center for Retirement Research
Genre
report
Date Issued
February 2011
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
11-3
Version Identification
Version of record.
Persistent Link
http://hdl.handle.net/2345/bc-ir:104196
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Health/long-term care

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