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Is CalPERS long-term care going out of business?

The CalPERS long-term care insurance program is a zombie government entity. It is dead, as it is substantively insolvent, yet it persists to operate and destroy the lives of some 100,000 elderly policyholders.

What is a continued monthly residence form?

Continued Monthly Residence Form (PDF, 52 KB) A required monthly form for claims related to facilities such as nursing homes or assisted living facilities, which is to be submitted along with the facility's monthly invoice when requesting reimbursement for care and services provided.

Does CalPERS cover assisted living?

The California Public Employees' Retirement System (CalPERS) operates the Long-Term Care (LTC) program for coverage that may be needed due to a chronic illness, frailty of old age, or a serious accident. Care may be provided at home, in an assisted living facility, or in a nursing home.

What happened to CalPERS long-term care?

CalPERS has decided to temporarily suspend open enrollment for the Long-Term Care Program due to current uncertainty in the long-term care market. Therefore, until further notice, we are no longer accepting new applications for coverage.

How does CalPERS long-term care work?

CalPERS Long-Term Care coverage helps pay for the high cost of care when one needs assistance with the activities of daily living, including bathing, dressing, toileting, transferring (such as from a bed to a chair), continence, eating or a severe cognitive impairment.

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Does CalPERS cover assisted living?

The California Public Employees' Retirement System (CalPERS) operates the Long-Term Care (LTC) program for coverage that may be needed due to a chronic illness, frailty of old age, or a serious accident. Care may be provided at home, in an assisted living facility, or in a nursing home.

What is LTC policy hub?

LTCPolicyHub allows you to access both your LTC policy information and wellness resources (formally a separate site called Silver Brick Road). Once registered, you will have full access to this centralized hub for all of your LTC needs.

What is a continued monthly residence form?

Continued Monthly Residence Form (PDF, 52 KB) A required monthly form for claims related to facilities such as nursing homes or assisted living facilities, which is to be submitted along with the facility's monthly invoice when requesting reimbursement for care and services provided.

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