News
Market Watch | Retirement health-care costs: How to deal
The numbers are staggering: Even with Medicare coverage, a married couple needs to save more than $280,000 to be sure of covering their health-care costs in retirement.
National Journal | CLASS Dismissed: U.S. Drops Controversial Long-Term Care Program
With no money, no staff, and no way to make the program fiscally solvent, a controversial long-term disability insurance program established under the 2010 health-reform law is officially over.
Econ Comments
WSJ | ObamaCare Starts to Unravel
The real story behind the Class program failure, and what to do now.
Blogs
AEI: American | After CLASS: What to do next about ObamaCare
Rather than just crow briefly “we told you so,” ObamaCare opponents on Capitol Hill should think more strategically about how to exploit and expand this political opportunity:
Marginal Revolution | CLASS Dismissed
It was obvious that the late expenditures would quick overwhelm the early taxes but the CLASS act added some $80 billion to projected health-care savings which helped to pass the bill. Now the bill is passed, however, reality is setting in and the program has been scrapped.
AEI: American | Let’s bury the CLASS Act cadaver (after a full autopsy)
Up to now, the primary political reasons for keeping the fiction of implementing the CLASS program alive involved not just maintaining the longtime dream of its primary congressional supporter (the late Senator Edward Kennedy) and like-minded liberal advocates that it could eventually mutate/metastasize into a larger, permanent entitlement program for all Americans.
