Long-Term Care
Argus pays for the following coverage for employees:
(Employees can choose higher levels of coverage by paying the additional cost.)
• Long Term Care Facility Monthly Benefit – $1,000
• Benefit Duration – 3 years
• Professional Home and Community Care – 100% of the LTC Facility Monthly Benefit
• Inflation Protection – 5% Compound
Evidence of Insurability not required for new employees during their initial enrollment period except for the following reasons:
-
- You elect a monthly benefit greater than $6,000;
- You elect a Lifetime Benefit Duration; or
- It has been more than 31 days since you were first eligible for coverage..
After the initial enrollment period, you can apply for coverage with Evidence of Insurability by filling out the benefit election form and the Long-Term Care Insurance Application. These forms can be obtained from the Human Resources Department.
3 years |
6 Years |
Lifetime |
|
---|---|---|---|
Elimination Period |
90 days (this time can be accumulated over a period of 730 days and needs to be satisfied only once during the life of your plan). |
90 days (this time can be accumulated over a period of 730 days and needs to be satisfied only once during the life of your plan). |
90 days (this time can be accumulated over a period of 730 days and needs to be satisfied only once during the life of your plan). |
Facility Benefit Amount (in increment of $1,000) |
$1,000 to $9,000 |
$1,000 to $9,000 |
$1,000 to $9,000 |
Assisted Living Facility % |
100% |
100% |
100% |
Professional Home and Community Care |
100% |
100% |
100% |
Inflation Protection |
Compound |
Compound |
Compound |
Total Choice Home Care - Option |
50% |
50% |
50% |
Group Number
206559
Provided By
Unum
Provider Website
https://www.unuminfo.com/argus-consulting/index.aspx
Customer Service
Resources
Frequently Asked Questions