Long-Term Care
-
New Legislation Proposed to Raise Personal Needs Allowance for Nursing Home Residents
Posted by
on
New legislation has been introduced that would allow a long-overdue increase to the Personal Needs Allowance for nursing home residents. The Personal Needs Allowance (PNA) is the maximum amount of income nursing home residents can retain to cover personal expenses such as clothing, haircuts, and communication devices like cell phones. Currently, the amount has stagnated…
Filed Under:
-
CalPERS Update #15: CalPERS Second Settlement Details Explained
Posted by
on
By Bonnie Burns, Policy and Training Specialist Premium Payments: If you selected Option 1 in the second settlement to give up your CalPERS long-term policy and get a refund of 80% of the premiums paid, you can stop paying premiums as of the final settlement date that was September 28, 2023. If your premium was…
Filed Under:
-
CalPERS Update #14: Court Could File Final Order by Late September
Posted by
on
By Bonnie Burns, Policy and Training Specialist If you are a member of the CalPERS Long Term Care Class Action lawsuit, you should have received a detailed letter in the last month or two that informed you of the settlement and how it applies to you. The Court gave final approval to the settlement, fees and…
Filed Under:
-
CalPERS Update #13: More Details About the Second CalPERS Settlement
Posted by
on
By Bonnie Burns, Policy and Training Specialist The CalPERS Second Settlement resulting from the class action lawsuit against the program is generating concerns about the program’s long-term solvency. There is no government agency oversight of CalPERS Long Term Care because it is a self-funded program. The CalPERS board is solely responsible for its solvency. …
Filed Under:
-
CalPERS Update #11: CalPERS to Offer 2nd Settlement in Class Action Lawsuit
Posted by
on
By Bonnie Burns, Training & Policy Specialist A public announcement of a second settlement is pending in the class action lawsuit against CalPERS long-term care insurance program. There will be a hearing on a motion for preliminary approval of a settlement conference on March 10th at 1:30 PM in Department 10 at 312 North Spring Street, Los Angeles,…
Filed Under: