Early CalPERS Long-Term Care clients squeezed by rate hikes
![calpers](https://s32566.pcdn.co/wp-content/uploads/2021/05/Long-term-care-insurance-951x634.jpg.optimal.jpg)
Two impending hikes that would boost premiums for existing CalPERS Long-Term Care insurance customers by 90% make coverage hard to justify, one policyholder said.
Financial adviser Lawrence Grossman is holding onto a long-term care insurance policy he started 20 years ago, even though his premiums are five times what they originally were.
But that might not be the case for much longer. With two impending rate hikes that will increase premiums for existing
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