Financing for long-term care insurance is organised just as for statutory health insurance: employees and employers each pay half of the contributions. Childless people pay an additional premium. Like in the case of statutory health insurance the contribution rate is set by law. This contribution is automatically deducted from payroll together with the other social contributions. No contributions are imposed on the family members of an insured person.
The current contribution rate for the long-term care insurance is 1.95 percent of wages or salary. Employer and employee each pay one half, or 0.975 percent each.
Since in all German states except for Saxony a holiday was removed from the calendar to help employers finance long-term care insurance, employers in that state pay a higher share of income: 1.475 percent. Employees pay only the remaining 0.475 percent.
Childless people, if their minimum age is 23 and their year of birth is after 1939, pay an additional premium. The rate is 0.25 percent.
As in the case of health insurance, there is also a fixed contribution assessment ceiling for the long-term care insurance. Employees with a monthly salary under a certain limit are compulsorily insured in terms of long-term care insurance. Employees with a higher monthly salary are voluntarily insured.
Pensioners pay full of their contributions themselves. For rates see 'Contribution payment'. The calculation basis for determining the contribution amount is the statutory pension and other income as well, up to the contribution assessment ceiling.
Students are also compulsorily insured under statutory long-term care insurance. Actually the rate for students is 9.98 Euro per month. The rate for childless students, if their minimum age is 23, comes to 11,26 Euro per month. Like health insurance contributions, these contributions are invoiced by the care insurance fund of each health insurance carrier.
The Federal Employment Office makes contributions for the unemployed if they are registered with their local Employment Office.
