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Human Resources » Benefits Information
Center » Long
Term Care Insurance
General
Information
This
voluntary insurance plan provides employees the opportunity
to enroll in a guarantee issued long-term care insurance
plan. Guarantee issue may be available if the employee enrolls
within the first thirty (30) days of employment in a benefit
eligible position. After that time, an employee must answer
a medical questionnaire and may be denied coverage. Family
members are also eligible to apply for the Long Term Care
Insurance but must complete a medical questionnaire.
The
plan provides benefit payments to employees in the event
they need assistance with activities of daily living (bathing,
dressing, toileting, transferring, continence or eating)
or suffer from severe cognitive impairment. Benefits can
be received when employees are receiving assistance in
a nursing home, assisted living facility or through home
care services.
The
Long Term Care Plan allows employees to choose from several
benefit duration's and levels of coverage to tailor the plan
to best meet their needs. They may change duration or benefit
levels after their initial enrollment. In doing so, they
may be required to complete a medical questionnaire if they
elect specific coverage.
Premiums
for the Plan are based on the employee's age, benefit duration
and level of coverage when they initially enroll in the plan
and may be paid through payroll
deduction while they are employed at the University.
FAQs
Q: Does NWHSU
have long term care insurance available?
A: Yes! Employees
can choose from a variety of options in selecting a long
term care plan that is right for them. In addition to employees,
spouses, parents, parents-in-law, grandparents, siblings
and children of employees may be eligible for coverage.
Q: Do I lose
my long term care plan if I leave Northwestern?
A: No. Your
plan is completely portable. You may continue it by paying
the premiums.
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