Home >>
Employee Benefits >>
Long Term Care Insurance (LTC)
Long Term Care Insurance (LTC)
Benefit Levels Available
| Option 1 | Option 2 | Option 3 | Option 4 | |
| Daily Facility Care Benefit: (ex: Nursing Homes, Assisted Living, Hospice Facilities) |
$100 | $150 | $200 | $250 |
| Daily Home Based Care Benefit: (ex: Your own home, Adult Day Care Facility) |
$75 | $112.50 | $150 | $187.50 |
| Lifetime Maximum Benefit: | ||||
| Two Year Lifetime Maximum | $73,000 | $109,500 | $146,000 | $182,500 |
| Five Year Lifetime Maximum | $182,500 | $273,750 | $365,000 | $456,250 |
| Ten Year Lifetime Maximum | $365,000 | $547,500 | $730,000 | $912,500 |
| Optional Choice: |
Future Benefit Guarantee (Nonforfeiture) (If you stop paying premiums after you have coverage for at least three years, the Future Benefit Guarantee keeps your daily benefits the same but reduces your lifetime maximum benefit.) |
|||
This optional benefit is available for all options.
The premium rate you will pay is based on your age at the time you enroll in the plan. Your premium will remain constant as long as your coverage continues (if you enroll at age 25, you will always pay the rate for age 25.)
For more detailed information on plans and premium rates please see the CNA website.