Not everybody is in favor of the Community Living Assistance Services and Supports Act (CLASS Act) but neither can anybody say point-blank that it is pointless to purchase this national health insurance program.
According to critics of the Act Wholesale Jerseys From China , this program is not enough to cover one’s long term care expenses as the daily cash benefit that its legit members are promised of will only range from $50 to $75. This amount is not even close to the average daily rates of long term care facilities, they reasoned.
It’s true. The cash benefits which qualified members of the Act can receive in 2018 or later is not as big as what long term care insurance (LTCI) policyholders can get from their policies. Nothing changes the fact, however, that $50 or $75 dollars is a big help already as this can reduce one’s long term care (LTC) expenses.
To think members will only be paying a small monthly premium for five consecutive years, the given amount of daily cash benefit is fair enough. What’s more, the program will not disregard the applications of people with pre-existing conditions.
In fact Wholesale Jerseys China , the main inspiration for this federally supported insurance program are people with pre-existing conditions and thus were declined by insurance companies offering LTCI policies.
Anybody from the 18 years old and older can enroll in the program beginning 2013. On Oct. 1, 2012 the Secretary of the Department of Health and Human Services is expected to lay down the premium rates and other provisions of the Act. Whether you are financially secure, earning a low monthly income or a student, you are most welcome to apply for membership.
Only retirees and recipients of LTC services are exempted from the Act since its pool of benefits or trust fund is not dependent on taxpayers’ money. Every single penny of the program shall come from the salaries of its members.
For instance, once an employer has enrolled in the program he can offer it to his employees and deduct monthly premiums from their paychecks. Anybody in a company, however Wholesale Jerseys , can choose to opt out of the program since it is not compulsory.
Freelance or self-employed individuals, on the other hand, can enroll themselves directly into the Act following a different procedure.
CLASS Act Coverage
Specially designed for home health care, this voluntary insurance program which is offered under the Patient Protection and Affordable Care Act, which President Barack Obama signed into law last year, covers home modification Cheap NFL Football Jerseys , personal care or assistance in the activities of daily living, and transportation for doctor visits.
For a plan such as this, it is advisable to maintain a strong nest egg since you are aware of the limited cash benefits that you will be receiving. Besides this, you will also find it helpful to have an LTCI policy with a small maximum benefit and short benefit period so you can save on annual premiums.
Nobody ever said that the CLASS Act will suffice for LTC costs but at least it leaves people with more room for choices.
Free News Articles Home Business and Social Networking New Online Community Provides Social Forum and Enhances Athletes’ Ability for Success New Online Community Provides Social Forum and Enhances Athletes’ Ability for Success Author: SportsGist - Total Sportz, LLC Dateline: Thu, 01 Feb 2007
freeNewsArticles Story Summary: “NEW YORK Cheap Football Jerseys , N.Y. - Feb. 1 (SEND2PRESS NEWSWIRE) -- SportsGist, a subsidiary of Total Sportz, LLC, is a new online community that encourages athletes to interact with other athletes; It provides a platform for athletes to network and communicate through videos, photos and blogs. ”
A R T I C L E:
NEW YORK, N.Y. - Feb. 1 (SEND2PRESS NEWSWIRE) -- SportsGist (www.SportsGist) Cheap Nike NFL Jerseys , a subsidiary of Total Sportz, LLC, is a new, online community that encourages athletes to interact with other athletes; It provides a platform for athletes to network and communicate through videos, photos and blogs.
Top ten activities for members are: Meeting other athletes; being able to freely express themselves; connecting with friends; customizing personal profiles; keeping a blog; watching cool videos; chatting with friends; finding a coach; recruiting new athletes; and browsing photos.
Current discussion forums include: fantasy sports, college and high school sports Cheap NFL Jerseys Free Shipping , athlete spotlights, pro sports, recruiting, and more.
Members are athletes of all levels who create free profiles containing personal and performance information. From there, members can upload photos and videos, and interact with others in the network.
Founders Cheap NFL Jerseys From China , Jeff Becker and Nick Sunderman, met while playing minor league baseball for the Cleveland Indians. After going in different directions after their athletic careers they reunited to form SportsGist.
"Sports have played a pivotal role in my life," Jeff Becker, founder and CEO of SportsGist said. "I believe sports go beyond wins and losses and are key factors in shaping the character of a person."
Becker and Sunderman bring an array of relevant talent to the table. Becker received many accolades for sports during high school and went on to attend Duke University where he played on the baseball team and was a three-time Captain and named ACC Rookie of the Year; he holds numerous records including most hits, doubles, RBIs Cheap NFL Jerseys China , HBPs and games started.