Public long-term care insurance ("The Diane Rehm Show")

On-air guests referred to the Academy's letter to Congress regarding the Community Living Assistance Services and Supports Act (CLASS Act), which included an actuarial analysis conducted by a joint work group of the Academy and Society of Actuaries. Scott Harrington, professor of health-care management and insurance and risk management at the University of Pennsylvania's Wharton School, said that the Academy had found that the premiums required to keep the program self-sustaining would be high and that most people will opt not to participate.

Click here [1] to listen to the broadcast.