Employer Bulletin
State Agencies
Vol. 16, State B
June 30, 1999
Long-Term Care Insurance
The Department of Employe Trust Funds and the Group Insurance Board
have added a third insurer for Long-Term Care Insurance (LTC). We
are asking each state agency to assist us in announcing the availability
of this coverage. Please share the attached information with your
employes.
You may distribute the information in the format that is most effective
for your organization. Suggested methods include newsletters, employe
bulletin boards, e-mail, Intranet, etc.
For more information about this notice, contact Phyllis Fuller,
Division of Insurance Services, at (608) 266-6465.
Long-Term Care Insurance
The Group Insurance Board (Board) and the Department of Employe
Trust Funds (ETF) have approved three insurers to offer Long-Term
Care Insurance. By Statute, the Board must offer Long-Term Care
policies that meet the Board's requirements if the insurer requests
that the policy be offered. The coverage is optional and is available
to State of Wisconsin, University of Wisconsin, University of Wisconsin
Hospital and Clinic employes and state annuitants including their
spouses, parents and spouse's parents. Each plan has been approved
by the Office of the Commissioner of Insurance.
The plans may cover expenses usually not covered by group health
insurance, including long-term home health care, assisted living,
community-based care (adult day care) and nursing home care. Employes
may apply for coverage at any time. There is no open enrollment
period because all applications are subject to underwriting. All
policies are individual contracts with the insurer.
There is no employer contribution for long-term care insurance.
The employe pays the full premium.
The Office of the Commissioner of Insurance (OCI) publishes a free
Guide to Long-Term Care, PI-047 to help you evaluate your
needs. Please contact OCI at 1-800-236-8517 if you would like a
copy of this guide.
If you have questions regarding the various policies offered, please
contact the insurers listed below.
Insurers
Jack Schroeder & Associates
(underwritten by AIG, American International Group Life
Insurance)
Toll Free: 1-800-582-5721 or 1-877-578-8561
Local Madison: (608) 241-2962
Reservations: Jack Schroeder & Associates will sponsor
long-term care informational sessions in Madison from 10:00 a.m.
to 12:00 p.m. on July 15, July 29 and August 11, 1999 at the Comfort
Inn, 4822 East Washington Ave., Madison WI.
Senior Care Insurance Services
(underwritten by John Hancock Life Insurance Co)
Toll Free: 1-877-578-8400
Local Madison: (608) 273-3443
HealthChoice
(underwritten by Fortis Benefits)
Toll Free: 800-833-5823
Local Madison: (608) 833-5823
Internet: www.healthchoice.com
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