I just read about a federally-funded program that will begin in 2012 that working adults can sign up for that will help them stay in their homes if they are disabled. It’s called CLASS, or Community Living Assistance Services and Support Act, and “will take only the approval of the patient’s own doctor to get most claims approved.”
There is so much frustration that comes with getting money from insurance companies as we age. There are a ton of loopholes and papers and waiting on the phone just to get information which sometimes leads to a denial letter. Insurance companies have been known to take advantage of seniors in this position.
CLASS was created to prevent all that from happening. The National Counsil on Aging said that about 10 million Americans need some sort of long-term assistance to help them with day-to-day functions. The benefits of CLASS address that growing number.
It is said that premiums will be between $50 and $75 per month, but they could go up if not enough people sign up for CLASS. So don’t forget! Mark your calendar and keep CLASS in mind!
Post by Kate Valdovinos. Information from http://bit.ly/aflyYD.
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