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Archive for April, 2010

On March 21, 2010 the Patient Protection and Affordable Care Act (PPACA) became law. Some provisions of the new health care bill signed by President Obama will directly benefit senior citizens.

First, there is a new federal long-term care insurance program that can help meet the staggering cost of long-term care.  This part of the new law is called the “Community Living Assistance Services and Supports Act” or the “CLASS” Act.  This federal insurance provides up to fifty dollars ($50.00) per day (approximately $1500 per month) for persons to use when they need help with the activities of daily living. (more…)

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