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CalPERS : Long Term Care Insurance Network

Judge Tentatively Allows Suit Over CalPERS’ Long-Term Care Plans

By administrator | Jun 1, 2014

Judge Tentatively Allows Suit Over CalPERS’ Long-Term Care PlansNews from California Healthline: You are currently receiving email alerts for SB 951 Please confirm that you would like to receive email alerts for SB 951 SUBSCRIBE UNSUBSCRIBE MANAGE ALERTS A Los Angeles court has tentatively ruled that CalPERS can be sued by for allegedly mismanaging its [...]

CalPERS responds to long-term care lawsuit

By administrator | Apr 10, 2014

CalPERS responds to long-term care lawsuitNews from Sacramento Bee: Editor’s note, 3:50 p.m.: This post has been amended to include information about the law firms spearheading the long-term care lawsuit against CalPERS. CalPERS has asked a judge to throw out a lawsuit alleging that the fund and individual board members, among other things, failed to [...]

CalPERS Plans Big Rate Increase for Long-Term Care Insurance

By administrator | Mar 19, 2014

CalPERS Plans Big Rate Increase for Long-Term Care InsuranceNews from PublicCEO.com: 41,000 members with long-term care insurance through CalPERS will soon be faced with a 5% rate increase this year and an 85% rate hike over the course of two years. According to the Sacramento Business Journal, letters will be mailed next month explaining the [...]

CalPERS long-term care policyholders downgrade coverage, avoid rate hike

By administrator | Mar 12, 2014

CalPERS long-term care policyholders downgrade coverage, avoid rate hikeNews from Sacramento Bee: More than a quarter of policyholders covered by CalPERS’ most costly long-term care insurance switched to cheaper plans over the last year, avoiding a controversial premium hike that looms in 2015. About 16,000 people shifted from programs that guaranteed life-time benefits with inflation-adjusted [...]

CalPERS reopens long-term care insurance to new applicants

By administrator | Feb 7, 2014

CalPERS reopens long-term care insurance to new applicantsNews from Sacramento Bee: CalPERS’ troubled long-term care insurance program has reopened to new applicants, ending a five-year hiatus marked by heavy financial losses and the announcement of a significant rate increase. The pension fund said Thursday it’s taking applications for a series of new insurance plans designed [...]

CalPERS considers 85% rate hike for long-term care policies

By administrator | Oct 12, 2012

CalPERS considers 85% rate hike for long-term care policiesNews from Sacramento Bee: CalPERS is preparing to impose a rate hike of up to 85 percent on most of its long-term care insurance policyholders. The rate hike would begin in 2015 and would be phased in over two years. It would affect three-fourths of the 150,000 [...]

CalPERS plans to hike long-term care rates by 85 percent

By administrator | Oct 10, 2012

CalPERS plans to hike long-term care rates by 85 percentNews from Sacramento Bee: CalPERS is preparing to impose a rate hike of up to 85 percent on its long-term care insurance policies, which pay for stays in nursing and convalescent homes. The rate hike would be phased in over two years, starting in 2015, according [...]

CalPERS Must Offer Long-Term Care to Same-Sex Couples, Judge Rules

By administrator | May 30, 2012

CalPERS Must Offer Long-Term Care to Same-Sex Couples, Judge RulesNews from California Healthline: On Thursday, a federal judge in Oakland ruled that CalPERS must offer its long-term care insurance program to same-sex spouses and domestic partners of California workers, the Sacramento Bee reports. Background Long-term care insurance plans cover extended stays in nursing homes, assisted [...]

Judge: CalPERS can offer long-term care insurance to gay couples

By administrator | May 26, 2012

Judge: CalPERS can offer long-term care insurance to gay couplesNews from Sacramento Bee: In a major case involving gay rights at CalPERS, the nation’s largest public pension fund has been ordered to offer its long-term care insurance program to same-sex partners of California workers. A federal judge in Oakland struck down portions of the federal [...]

Federal judge may overturn CalPERS care rule

By administrator | Jan 31, 2012

Federal judge may overturn CalPERS care ruleNews from Sacramento Bee: CalPERS refuses to sell its long-term care insurance to the same-sex partners of state workers, on the grounds that federal law doesn’t allow it. Now a judge in Oakland seems ready to overturn that federal ban. Last week, U.S. District Judge Claudia Wilken refused to [...]

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