The healthcare reform has a provision called the CLASS Act, which stands for the Community Living Assistance Service and Support Act, a (voluntary) national insurance program intended to create a long-term care coverage for employees.
Did you stop paying attention when I said voluntary? I don’t blame you, but you may want to consider finding out more. After all, the benefits of this program could help your recruitment and retention. Our partners at Dickinson Mackaman have written “The Healthcare Reform Legislation’s Voluntary Long-Term Care Option” which outlines the key provisions of the Act. If you’re interested in finding out more, this a great place to start. To read the article, click here.