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Category Archives: Class ACT
Do not trust your retirement to the whims of the market: Secure yourself with Long Term Care Insurance
The last few years have seen tough economic times for most Americans. Salaries have stagnated and retirement funds and 401(k) accounts have plummeted as the turbulent stock market has wreaked havoc on the financial security and dreams of an entire … Continue reading
Posted in Advice, Class ACT, Medicare, Why Buy
Tagged financial planning, HUffing, long term care insurance, LTC Tree, Medicaid, Medicare, Nest Egg, retirement, self insuring
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Was the CLASS Act Bungled?
Time Magazine this week discusses the “bungling” of the CLASS Act, government administered long term health care. The article describes the CLASS Act and how it ultimately became viewed as an albatross around the neck of the health reform bill … Continue reading
Posted in Class ACT
Tagged Class Act, Joe Lieberman, Long Term Insurance, Medicaid, TIME magazine
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CLASS Act Long Term Care Insurance Likely Delayed
Update – October 27 2011 – The CLASS Act has officially been declared dead. News coverage can be found on our site, at NY Times, and WaPo. For 95% of our client base, the proposed CLASS-Act is a nonstarter government-run … Continue reading
Posted in Class ACT
Tagged Class Act, Congressional Budget Office, Medicare, NY Times, Reform, WaPo
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Smoke Mirrors and Government Run Health Care
As if the politicians in Washington could not attempt to insult our intelligence enough they tried yet again today when the Senate Democrats released their version of the health care bill. With HUGE government deficits pilling up they know they … Continue reading
Government CLASS ACT Long Term Care
Obama is attempting to flex his political muscles today and intimidate Independent Connecticut Senator Joe Lieberman into voting for the colossal health care bill by calling him and the other Democratic leaders to the White House for a “meeting.” Obama … Continue reading
Government Health Care: Where To Now?
Will The Health Care Bill Make Long Term Care Insurance Obsolete? Regardless of your position on the polarizing debate in Washington, you may be wondering how all of this will affect your purchase of a Long Term Care Insurance (LTC) policy. … Continue reading
The Shot Heard Round the World Kills CLASS ACT Gov Long Term Care
An exclusive written by LTC Tree Senior Blogger, Joe Houston. Okay, all you owners of long term care policies, for which you have struggled and worked your entire lives to finance, rejoice that the state of Massachusetts is once again … Continue reading
Orange County Register says CLASS ACT government long term care insurance plan a dud.
I just read an insightful article full of common sense thinking in the Orange County Register on the proposed CLASS ACT government long term care insurance plan. They point out the smoking gun-main problem(s) of the plan is you can get more … Continue reading
Class Act Government Long Term Care Insurance
Client: With the passage of the health care bill, I read that effective 2011, the bill: The Class Act created by the late Edward Kennedy creates a voluntary long-term care insurance program to provide a modest cash benefit helping disabled … Continue reading
The CLASS Act Long Term Care Insurance Fiasco
Once again your duly elected representatives in the US Congress are foisting another Ponzi scheme on the American taxpayers in the form of the CLASS Act Long Term Care Insurance Program, which is part of the Obama administration’s controversial HR … Continue reading