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.