True, it’s voluntary. But I thought I read that every employee was automatically enrolled and it was your responsibility to opt out. Does anyone have timelines on this so we know when to look for it?
“I thought I read that every employee was automatically enrolled and it was your responsibility to opt out.”
Quite right: this illustrates the “nudge” philosophy that pervades this administration. The administration is counting on millions of Americans to be too stupid or lazy to opt out.
If they had used an “opt-in” approach, CLASS enrollment would be far lower than projected, but that of course would have resulted in a much lower “revenue surplus” in the first 10 years. As it was surplus CLASS revenues essentially accounted for half of the alleged budget surplus that CBO originally expected Obamacare to create in its first decade.