CA| Bulletin 2026-4 from California Department of Insruance notifies all insurers licensed to sell long-term care insurance in California that the Department will levy an annual assessment based on each company’s prior-year California long-term care premium to fund principle-based reserving (PBR) valuation and maintain a prudent PBR fund reserve, setting the total aggregate assessment for FY 2025–26 at $1,329,000 and applying a tiered schedule ranging from no charge for premiums under $1,000,001 or at least $250,000,000, up to $346,500 per company for 2024 premiums between $100,000,001 and $250,000,000, with intermediate fixed charges for other premium bands, and advising companies that invoices will be issued based on this final tier table and questions may be directed to CDI at BRMB@insurance.ca.gov.
California Sets New FY 2025–26 PBR Assessment Tiers for Long‑Term Care Insurers
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