Debit Card Fundamentals and their Use in Government Programs
This policy brief describes the history and operation of debit cards and provides examples of their use in government programs to inform the use of debit cards to access CLASS Plan benefits.Date Updated: 04/06/2011
A little over 50 years ago, banks introduced credit cards. The utility of these early credit cards was limited as a payment card and would only work if both the merchant and consumer used the same bank. To address this issue, major banks formed franchises so that one bank’s card could be accepted at another bank’s merchant. These franchises became known as “associations”…
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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.