Long-term care (LTC) is a variety of services that help meet both the medical and non-medical needs of people with a chronic illness or disability who cannot care for themselves for long periods of time.
Why consider Long Term Care Insurance?
Long-Term Care insurance covers expenses for long-term care services
received at home, in the community or in a nursing facility. Here are a
few quick points to consider:
With the addition of a new State group program, employees at K-State now have two Long Term Care Insurance options: Legacy Services, our current individualized policy program broker and the new group policy offered by the State Employee Health Plan (SEHP) through Genworth.
Legacy Services is an independent broker that specializes in long-term
care insurance and represents multiple major insurance carriers. To
receive
more information, contact Legacy at 800-230-3398, ext. 101 or
custsvc@4groupltci.com
Video
of Long-term Care Seminar
http://www.kdheks.gov/hcf/sehp/GroupLTC.htm or call 888-285-4889
Current Benefits Eligible Employees: Benefits eligible employees, their spouses and other eligible family members may apply for coverage under the program at any time, however, a Full Underwriting will be required for enrollment. With full underwriting, employees need to complete a long form application that includes a full medical questionnaire to be approved for coverage.
New Hire Employees: The only exception to the full underwriting process is for newly hired employees and their spouses. If the employee is benefits eligible, the employee must apply for coverage within 30 days of hire.
For more information on the State of Kansas Group Long Term Care Insurance Program, employees and their family members can visit the Genworth website to view rates and plan options. New hires can also enroll on this site.
The State of Kansas Long-Term Care Partnership Program provides dollar-for-dollar asset protection. Each dollar that your Partnership policy pays out in benefits entitles you to keep a dollar of your assets if you ever need to apply for Medicaid services. This extra asset protection does not increase the cost of the insurance, but an inflation protection plan must be chosen. For more information about this Partnership Program and for other LTC consumer information, see: http://www.ksinsurance.org/ltc/ltcins.htm
Long-term care premiums are paid directly to the company and not eligible for payroll deduction from either Legacy Services or Genworth.