Thursday, November 19, 2020

CalPERS Approves 77% Increase For Long-Term Care Insurance Plans

CalPERS Approves 77% Increase For Long-Term Care Insurance Plans

CalPERS leaders approved a 77% premium increase for its long term care insurance plans Tuesday, seven years after the announcement of a similar increase spurred a lawsuit. The new rates will be introduced over two years, with a 52% hike coming in July 2021 and a 25% increase in July 2022, Chief Health…

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