Establishes a new, national, voluntary long-term care insurance program, known as the Community Living Assistance Services and Supports (CLASS) Independence Benefit Plan. After mandatory five year contributions, individuals with functional limitations would be eligible for assistance of at
least $50/day to purchase community-based support services. All adults would be default enrolled in the program with the opportunity to opt out. Contributions would be collected through payroll deductions. A clause in this section allows HHS to abandon implementation if it is not determined to be financially viable. Other tax revenues may not be used to fund the program. Scheduled to take
effect January 1, 2011.