Considerations for Debit Card and Cash Purchasing Mechanisms in the CLASS Plan
summary
This policy brief describes the benefits and challenges of using debit cards and cash in CLASS and how they could be implemented and integrated into a Financial Management Services structure.
Date Updated: 04/06/2011
Individuals receiving benefits through the CLASS Plan will have a Life Independence Account that will hold their authorized monthly benefit amount. This account can be accessed by the individual to purchase nonmedical goods and services that support the person’s independence at home or in another community-based residential setting. While specific rules and regulations have not decided how beneficiaries will have access to their Life Independence Account, the law states that they will have the option to use a debit card connected to their Life Independence Account.1 Using lessons from participant direction programs, CLASS Plan administrators can consider how debit cards and cash may influence participant use of their benefit and program fiscal accountability…
Download the publication for all visuals and complete references.
Continue Reading
This policy brief provides background on the historical development of benefit eligibility triggers in the private long-term care insurance market. Understanding how these triggers came into being can provide important information to those charged with implementing the CLASS Plan.
This policy brief provides information about how long-term care insurers implement benefit eligibility triggers in the private insurance market. The way in which companies have operationalized benefit eligibility triggers can inform the development of regulations for the CLASS Plan.
This policy brief provides information on the benefit eligibility assessment process in the private long-term care insurance industry. It focuses on how long-term care insurers use the information in the adjudication process, who is involved in the process, and how activities of daily living and cognition are assessed.