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Loyola University Chicago

Human Resources

Long Term Care Insurance

All full time faculty, staff, and part-time regular employees scheduled to work twenty (20) or more hours per week are eligible to enroll in this plan. Your spouse, parents, grandparents, parents-in-law, and grandparents-in-law are also eligible to participate in Loyola’s Long Term Care insurance at group rates. If you choose to enroll your parents or grandparents or those of your spouse, the enrollment form is mailed directly to CNA.

Long Term Care is a voluntary option provided to you through CNA. Long term care is the type of help you may need when you are not able to perform some activities of daily living (ADLs) by yourself due to an illness, disability, or severe cognitive impairment (such as Alzheimer’s) or similar irreversible dementia.

Activities of daily living are bathing, dressing, toileting, mobility, continence, and eating. You might receive care at home, in a nursing home or an assisted living facility, or from community-based health care that allow you to stay in your own home. Your group health plan will pay little, if anything, toward long term care. This Long Term Care plan pays for care in a nursing home or an assisted living facility, or for community-based health care.

Cost of Coverage

Premium rates are based on a choice of four fixed daily benefits and your age at the time of enrollment. When you select one of the “basic daily benefit” option levels of $100, $150, $200, or $250, this is the amount of daily benefits you may receive and the lifetime maximum. For nursing home care, you will be reimbursed the daily benefit you select for each day you are confined to a nursing facility after you have satisfied the waiting period (60/15 Service Days). Your lifetime maximum benefit amount for any covered service (nursing facility care, community-based care) is based on the plan selected. After your application is approved by CNA, you will be advised of your monthly premium.

The Long Term Care Plan is a “Portable Plan” (Third page on Long Term Care Coverage)

You may continue your coverage under this plan at the same premium rate even after you retire or leave Loyola. You are advised to contact CNA’s Customer Service one month prior to leaving employment or retirement to set up direct billing to your home. CNA’s Customer Service Department: 1-800-528-4582.

The Long Term Care Plan Comparison
FEATURES AND BENEFITS OPTION
# 1
OPTION
# 2
OPTION
# 3
OPTION
# 4

Nursing Home Benefit

CNA will pay up to 100% of the benefit that you select for each day that you are confined in a long-term care facility.

$100

$150

$200

$250

Community-Based Care Benefit

CNA will pay up to 75% of your community based care benefit for each day you receive care in your home, an assisted living facility, an adult day care center or an adult foster care center.

$75

$112.50

$150

$187.50

Lifetime Maximum Amount (5 Year Plan)

Is a pool of money the insured can use for all eligible expenses. The lifetime maximum amount will automatically increase when your daily benefit for nursing home increases.

$182,500

$273,750

$365,000

$456,250

Waiting Period

For any combination of nursing home care and community based care, the waiting period is 60/15 Service Days. Once per Lifetime

YES

YES

YES

YES

Home Medical Technology

Covers a variety of assistive devices and pays up to $1,000 per year.

YES

YES

YES

YES

Caregiver Training Benefit

CNA will pay up to 3 times the community based care benefit that you select for training of an informal caregiver in your home.

YES

YES

YES

YES

Hospice Benefits

CNA will pay benefits for terminally ill claimants. The payment will equal either the nursing home benefit or the community based care benefit you select depending on where the care is received.

YES

YES

YES

YES

Return of Premium at Death

Refunds premiums paid if the insured person dies before age 75. If death occurs prior to age 65, 75% of premiums refunded, less benefits received. After age 65, the amount refunded declines by 10% each year

YES

YES

YES

YES

Temporary Bed Holding Benefit

If you are required to leave a long-term care facility for a short period of time, CNA will continue to pay the facility to hold your bed up to 21 days per year.

YES

YES

YES

YES

Inflation Protection Feature

You will periodically be given opportunities to increase your benefit amount and lifetime maximum on a guarantee issue basis.

YES

YES

YES

YES

Worldwide Coverage

Provided coverage for those living outside the United States

YES

YES

YES

YES

How to Enroll

To enroll in CNA's Group Long-Term Care Insurance plan, you must go to their website where you can find your premium - and review your rate(s). You will be able to download the proper forms to complete and mail to CNA; their mailing address is located on the forms. You will not be able to enroll on-line. Please follow these basic steps:

Please use Internet Explorer

Step 1: Log on to www.ltcbenefits.com.

Step 2: Enter your Password: Loyola

Step 3: Click on the "Enroll Now" Button

Step 4: Click on "Find My Premium" to review your rate

Step 5: Download and print the proper form:

Step 6: Mail the completed form to CNA (the mailing address is located at the

bottom of the "applying is Easy" form. You can print a copy of the Long-Term Care brochure.

To request a Long Term Care kit, call CNA at 1-800-528-4582.

Loyola

Office of Human Resources
820 N. Michigan Ave., Chicago, IL 60611
312.915.6175 ยท hr-wtc@luc.edu

Notice of Non-discriminatory Policy