Questions for the new federal commission on long-term care

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May 29, 2013. The Community Living Assistance Services and Supports (CLASS) Act, which had directed the federal government to establish a voluntary, public long-term care insurance program as part of the health care reform law, was repealed earlier this year. Prior to the repeal, the Obama administration had stopped the implementation of the CLASS program, owing to its many flaws.

In addition to repealing the CLASS Act, the fiscal cliff law mandated the establishment of a 15-member commission to recommend a legislative "plan for the establishment, implementation and financing of a comprehensive, coordinated and high-quality system that ensures the availability of long-term services and supports for individuals in need of such services and supports."

The president recently appointed the three individuals to this new federal commission on long-term care, filling the roster of members.  Therefore, as the commission gets organized and begins it work, it is appropriate to now consider what information should be gathered and what questions should be answered before any recommendations can be made. 

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About the Author

 

Mark J.
Warshawsky
  • American Enterprise Institute (AEI) adjunct scholar Mark J. Warshawsky is a former director of retirement research at Towers Watson, a global human capital consulting firm, where he oversaw research on employer-sponsored retirement programs, including analysis of retirement plan funding, investments, payments, and plan design. Warshawsky also studies developments in labor markets and retirement trends, compensation, investment products, retirement distribution strategies, financial planning, and health and long-term care insurance. At AEI, his work focuses on retirement policy and long-term care insurance. He is also president of ReLIAS LLC, a retirement solutions design firm.

    Warshawsky was a member of the Social Security Advisory Board from December 2006 to September 2012. He was vice chairman of the federal Commission on Long-Term Care in 2013. From 2004 to 2006, Warshawsky served as assistant secretary for economic policy at the US Department of the Treasury, playing a key role in the development of the Pension Protection Act of 2006. He has also held senior-level positions at the Federal Reserve Board, the Internal Revenue Service, and TIAA-CREF.

    His books include “Retirement Income: Risks and Strategies” (MIT Press, 2012), “Fundamentals of Private Pensions” (coauthor, Ninth Edition, Oxford University Press, 2010), “The Role of Annuity Markets in Financing Retirement” (coauthor, MIT Press, 2001), and “The Uncertain Promise of Retiree Health Benefits: An Evaluation of Corporate Obligations” (AEI Press, 1992).

    Warshawsky has a B.A. from Northwestern University and a Ph.D. in economics from Harvard University.

  • Phone: 202.828.6024
    Email: [email protected]

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