Long-Term Care Insurance
July 9, 2020
Effective July 8, 2020, all WRS eligible employees, an employee’s spouse, an employee’s parents and an employee’s spouse’s parents are eligible for long-term care insurance. Participants must live in Wisconsin to be eligible. This insurance plan is offered by Mutual of Omaha through HealthChoice (the designated agent for State employees).
What is long-term care insurance?
Long-term care insurance typically covers care not covered by health insurance (or Medicare/Medicaid). It may include coverage for assisted living, adult day care, hospice care, nursing homes, Alzheimer’s facilities and/or home modification to accommodate disabilities.
How much does long-term care insurance cost?
Each policy is individually underwritten with premiums based on age, gender and your individual health at the time of enrollment. Your premiums are also based on the length of your selected waiting period, policy limit and other components of your customized plan. Each policy may include various discounts for the life of the policy.
How do I pay the premiums for long-term care insurance?
Since this is an individually underwritten insurance policy, you are responsible for paying your premiums directly to HealthChoice. Payroll deduction is not an option.
When can I enroll in long-term care insurance?
You may enroll in long-term care insurance at any time. Your premiums will be partially based on your health at the time of your enrollment.
How do I enroll in long-term care insurance?
To enroll in long-term care insurance, contact HealthChoice directly at 1-800-833-5823 or info@healthchoice.com. Or visit www.healthchoice.com for additional information.
Source: UW System Human Resources
Categories: Insurance