Coalition Plans Billion-Loan Boost for Nursing Care Insurance - Germany’s €1.7B Loan Plan Aims to Freeze Long-Term Care Insurance Costs in 2026
Germany's Finance Minister, Lars Klingbeil, has proposed a billion-euro loan to bolster long-term care insurance contributions. The move aims to prevent a hike in premiums next year. The loan, part of the 2026 federal budget proposal, was agreed upon by coalition partners Christian Democratic Union (CDU/CSU) and Social Democrats (SPD) just an hour before the Budget Committee meeting. The committee is set to vote on the measure this Friday.
The loan, amounting to €1.7 billion, is designed to stabilize long-term care insurance contributions in 2026. This initiative comes from Klingbeil, who serves as the Finance Minister in Germany's coalition government. The coalition partners, namely the CDU/CSU and SPD, reached this agreement in a timely manner, ensuring the proposal was ready for the Budget Committee meeting. The committee is now scheduled to vote on the measure this coming Friday.
The German government has proposed a €1.7 billion loan to strengthen long-term care insurance contributions in 2026. This move, agreed upon by the coalition partners, aims to prevent an increase in premiums next year. The Budget Committee is set to vote on this measure this Friday.
