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Published On: May 10, 2011Updated On: Jul 27, 2011

The Community Living Assistance Services and Support (CLASS) Act is a voluntary, federally administered, consumer-financed insurance plan. It became law when President Obama signed the Patient Protection and Affordable Care Act on March 23, 2010.

The CLASS plan provides those who participate with cash to help pay for needed assistance, if they become functionally limited, in a place they call home — from independent living to a nursing facility, if they choose.

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