A letter released Tuesday by the Centers for Medicare & Medicaid Services (CMS) dispelled concerns that ACA-mandated Medicare cuts would go into effect this year. According to the letter, the CMS Chief Actuary is required to calculate the projected 5 year growth rate of per...
As recently reported on this blog, the “fiscal cliff” deal signed on the 1st of January this year by Congress included a few items relevant to Long Term Care Insurance and created a new Government Commission on Long Term Care. Namely, the final, and widely-thought to be...
Most Americans have followed the news and discussions surrounding the so-called “fiscal cliff” and what it might mean for the financial stability of our country, and by extension the world economy. While defaulting our debt and financial obligations as a country is certainly...
As we tweeted on New Years’ Day, the CLASS Act is officially no longer a law. The CLASS ACt was a Ted Kennedy initiative that made its way into the Affordable Care Act back in 2010. Forbes reports that CLASS Act was officially killed as part of the Fiscal Cliff deal. What...
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