The State Worker

March 12, 2014 10:08 AM

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

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.

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The Sacramento Bee launched The State Worker blog in 2008 to cover state government from the perspective of California government employees. Every day The Bee filters the news through a single question: "What does this mean for state workers?" Subscribe to alerts on state pay, benefits, pensions, contracts and jobs at Twitter: @TheStateWorker.

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