During the health care reform debate there was much discussion about the CLASS Act, the portion of the law intended to allow individuals to purchase long-term care insurance from the government. A cursory review of that provision of the law made it clear the program was not viable. It is likely the policymakers knew this all along, but because of the way it was designed during the first ten years following enactment of the law this provision generated excess revenue and thus was used to partially fund the reform effort to the tune of $86 billion.
Now the Secretary of HHS has announced the program is not viable and cannot be implemented. There are a lot of people in line to say, “I told you so!”
The real question is what else in the PPACA is not viable … We may never know.