On April 1, 2015, the Department of Employee Trust Funds (ETF) authorized the release of new, lower-cost inflation protection options for the Mutual of Omaha, MutualCare Custom Solution long-term care insurance policy. This policy is available to employees, annuitants and their family members. (Spouse, domestic partner, parents and in-laws are all eligible to apply, even if you don’t purchase.)
Each year, many Americans lose significant income, savings and assets because of long-term care expenses. Your group’s long-term care insurance is designed to help protect against the high costs of long-term care if you or a family member can no longer perform activities of daily living without the need of assistance. Health insurance or Medicare will not pay for this type of care. For many, long-term care insurance is an important part of planning for their long-term financial security.
The MutualCare Custom Solution policy offers some very unique built-in benefits that include:
- Cash benefits that can be used any way you choose. You simply receive the full monthly cash benefit you selected to pay for anything at all… family travel expenses, lost income, housekeeping services or other out-of- pocket expenses. There’s no need to collect or submit bills.
- New lower-cost inflation options make the policy more affordable but still increases the value of your policy over time to keep up with inflation.
HealthChoice also provides CareOptions services to all State, University of Wisconsin and UW Hospitals & Clinics Employees, Annuitants and their family members at no charge. CareOptions can assist you and your family with issues related to wellness, illness, disability or aging. Additionally, CareOptions can help you and your families create Living Wills (advance directives for healthcare) as well as allow you to conduct healthcare provider searches, provider background checks, medical information research and long-term care planning, 24 hours a day.
To receive a complete information packet regarding your long-term care insurance options and access to the new CareOptions resources, simply click here to request an information packet. You may also call HealthChoice toll-free at 1-800-833-5823 or in the Madison area at 833-5823 or email info@healthchoice.com. Direct information link; click or paste in your web browser’s address line: http://www.healthchoice.com/reply1
HealthChoice has worked with the Department of Employee Trust Funds (ETF) since 1995 providing excellent service and the highest quality long-term care insurance plans to State, University of Wisconsin and UW Hospitals & Clinics Employees, Annuitants and their family members.
CareOptions® is registered trademarks of NavGate Technologies®, a division of CareQuest® Inc. The CareOptions system is owned and operated by NavGate Technologies and provided by HealthChoice Insurance Solutions as a service to its group members at no cost. CareOptions is a consumer driven wellness and care planning system – CareOptions is not insurance nor is it owned or operated by any insurance company, HMO or care provider.
This insurance plan has been authorized by the Group Insurance Board for the purpose of offering long term care insurance to eligible State of Wisconsin employees and retirees under authority granted by Wis. Stats. § 40.55. The criteria the Board uses include, but are not limited to: documentation of financial stability, demonstration of a reasonable ratio of claims paid to the premium level, authority to conduct business in the State of Wisconsin, agreeing to conditions for the rate-making process and other administrative conditions. ETF staff and the Board’s actuary review proposals for participation prior to Board approval. However, the Board does not require competitive bids or a benefit comparison with similar products from other vendors. Authorization for payroll deduction should not be construed as an endorsement of this plan by either the Group Insurance Board or the Department of Employee Trust Funds. This insurance has exceptions, limitations and reductions. This letter is used as a source of leads in the solicitation of insurance and you may be contacted by an insurance agent.
Insurance products are offered through HealthChoice. HealthChoice is not affiliated with any insurance company or HMO. Long-Term Care Insurance is underwritten by Mutual of Omaha Life Insurance Company, Omaha, Nebraska 68175.
Policy form ICC13-LTC13
ICC13-M28385-WIAG
583 D’Onofrio Drive 101 • Madison, Wisconsin 53719 • (800) 833-5823 • Fax (608) 833-7540 E-mail: info@healthchoice.com • www.healthchoice.com