Hearing CalPERS Rate Hike for Long-Term Care Insurance
San Francisco’s Poor House As prior blog posts have noted, although UC is not under CalPERS, UC employees – because they were state employees – were invited to enroll in CalPERS’ long-term care insurance plan. Such plans ostensibly protect enrollees against potential catastrophic expenses that can be entailed in major health crises. Those who did enroll now find themselves facing large rate hikes or accepting an alternative less generous plan. Many who enrolled did so assuming that CalPERS would protect them from such hikes. Yours truly has encountered a number of folks who now find themselves in this predicament. CalPERS…
