Ruling Could Speed Repeal of Long-Term Care Plan

By: Associated Press
By: Associated Press

A troubled long-term care plan in President Barack Obama's health overhaul has suffered another setback that may seal its fate.

A ruling Monday by the nonpartisan Congressional Budget Office makes it easier for opponents to seek repeal of the CLASS Act, which was supposed to provide affordable long-term care insurance. Only Friday, the Obama administration announced the program would not go forward, saying it was financially unsustainable.

In its ruling, CBO said repealing CLASS would have no impact on the deficit.

That removes a major obstacle for repeal, because until now CLASS has counted as reducing the deficit by more than $80 billion. Those estimated savings were from premiums that would have been collected before the program paid any benefits.

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