Obama Administration Kills CLASS Health Care Program
The Obama Administration is killing the CLASS program portion of the health care reform package because it found that it could never implement the program in a way that would work. CLASS is a long term care package and HHS found it could not impose premiums at a rate that would encourage use.
This is a huge setback for the administration given that the CLASS program was expected to comprise $86 billion of the $210 billion in deficit reduction attributed to the health care reform package.
That sound of glee you hear are Congressional Republicans who groused during the health care debates that this portion would never work and was a gimmick to get the entire package passed.