Long Term Medical Care - peace of mind

Optional Long-term Care Benefit

Need

The $3,000 monthly cost of nursing home care can quickly drain your retirement savings. Space in government subsidized nursing homes is scarce and funding is unstable. Protection against the financial risk of long-term care is now available. Take action now to preserve your independence and dignity during retirement.

Coverage

$100 per day toward the cost of facility care if your physician certifies that you require extended care in a facility because of injury or sickness, cognitive impairment, inability to perform two or more specified activities of daily living, or medical necessity resulting from chronic illness after 90 days.

Premiums to 65 Premiums Payable For 20 Years

Purchase
Age Purchase
Age Purchase
Age Purchase
Age

40 $ 34.69 46 $ 49.32 52 $ 61.67 58 $ 83.12

41 $ 36.90 47 $ 51.37 53 $ 64.53 59 $ 87.45

42 $ 39.26 48 $ 53.51 54 $ 67.82 60 $ 92.12

43 $ 41.78 49 $ 55.76 55 $ 71.40 61 $ 97.31

44 $ 44.47 50 $ 58.10 56 $ 75.14 62 $103.18

45 $ 47.35 51 $ 59.43 57 $ 79.05 63 $109.95

Premiums to 65	Premiums Payable For 20 Years
Purchase Age		Purchase Age		Purchase Age		Purchase Age
40	$ 34.69	46	$ 49.32	52	$ 61.67	58	$ 83.12
41	$ 36.90	47	$ 51.37	53	$ 64.53	59	$ 87.45
42	$ 39.26	48	$ 53.51	54	$ 67.82	60	$ 92.12
43	$ 41.78	49	$ 55.76	55	$ 71.40	61	$ 97.31
44	$ 44.47	50	$ 58.10	56	$ 75.14	62	$103.18
45	$ 47.35	51	$ 59.43	57	$ 79.05	63	$109.95

10% premium discount if 2 members of the same household buy together.
Premiums are payable to age 65, but must be paid for a period of at least 20 years.
Premiums are designed not to change but may be increased by up to 25%.
Coverage continues when employment terminates with a $2.25 cost increase to the rate.