The new tax law passed by Congress on January 1st, the American Tax Relief Act of 2012 (ATRA), includes a provision that repeals a long-term care insurance program that had been included in the Affordable Care Act (ACA), commonly known as Obamacare, that would have helped keep the elderly and disabled purchase long term care insurance even with pre-existing conditions. Instead, ATRA establishes a commission to come up with an alternative plan to make long-term care available for those who need … [Read more...] about No CLASS: Long Term Care Component of Obamacare Cut By New Tax Law
