Care: high earners face sharply rising contributions in long-term care insurance
A reform plan provides for an exceptionally large increase in the income limit up to which care contributions are due. The new Minister of Health, Linnemann, could quickly get into trouble over this.
Germany's nursing care insurance is facing a significant financial shortfall, potentially running out of funds as early as October. To address this issue, the government plans to increase the income threshold for nursing care contributions, which could rise from €5812.50 to around €6950 per month, according to calculations by the Association of Private Health Insurers (PKV).
This change would result in higher earners paying additional nursing care contributions on over €1100 of their monthly income. The PKV estimates a 3% increase in contributions, which for a self-employed individual with a child and a 3.6% contribution rate, would mean an increase from €209.25 to €249.97 per month.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
