United HealthCare Corp. has signed a seven-year agreement with the California Public Employees Retirement System to develop and administer a self-insured long-term-care program for 3 million beneficiaries.
United will be paid on an administrative fee basis. However, financial details of the agreement weren't released. United executives said the contract is the first long-term-care program of its kind in the United States.
The CalPERS program will provide enrollees with home- and community-based care as well as nursing home care. It will be offered to California public employees, including teachers, and their families.
Minneapolis-based United HealthCare's Long-Term Care Group, which will administer the program, develops and implements long-term-care insurance and service programs for healthcare providers, employers and government agencies.