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Maricopa Community Colleges Faculty Association
SUPPLEMENTARY BENEFIT of Membership
Long-Term CareInsurance
What is long-term care insurance?
Provides a funding source for:
❖ Home care services❖ Respite care for family caregivers❖ Assisted living apartments❖ Skilled care/ nursing home❖ Care in a memory care center❖ Nursing and therapy services in the home or a facility
MCCFA BENEFITLONG-TERM CARE INSURANCE
Why would someone use this insurance?
❖ Recovery from a serious accident❖ Recovery from surgery or an extended illness❖ Recovery from a stroke❖ Frailty due to illness or age❖ Permanent disability from an accident or illness
MCCFA BENEFITLONG-TERM CARE INSURANCE
Who is eligible for this insurance?
❖Current members of the association
❖ Spouses, partners, and other family members of the association members between 18-79 years of age
❖ Includes: parents, parents-in-law, grandparents; grandparents-in-law, siblings, aunts, uncles, and children
MCCFA BENEFITLONG-TERM CARE INSURANCE
What discounts are available with this benefit?
❖5% discount for members, spouses, partners, and other family members
❖For married applicants or domestic partners additional discount
❖10% with the purchase of one policy
❖20% with both spouses, partners purchasing
MCCFA BENEFITLONG-TERM CARE INSURANCE
Transamerica TransCare II Features:
❖Daily benefit options--$50--$400 per day
❖Length of benefit once on claim—2,3,4, or 5 years
❖Preferred health discount with full underwriting
❖Calendar day elimination period (deductible)—30, 60, or 90 days
❖Cash alternative option—33% of daily benefit
❖ Inflation protection—correct age-based inflation imbedded into the plan qualifies for the Arizona Partnership Program
❖Return of Premium to age 67
❖Optional riders available
MCCFA BENEFITLONG-TERM CARE INSURANCE
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Members:❖ Abbreviated Application Process❖ Full underwriting for preferred rate
Spouses, Partners, and other Family Members:❖ Underwriting requirements obtained by
TransAmerica (no cost to you)❖ Prescription drug report❖ Phone health interview❖ Medical records from your physician
MCCFA BENEFITLONG-TERM CARE INSURANCE
What are my payment options?
You may choose to be billed -
❖ Monthly—EFT out of your bank account❖ Quarterly❖ Semi-annually❖ Annually—does not incur a surcharge
MCCFA BENEFITLONG-TERM CARE INSURANCE
CONTACT INFORMATIONAuthorized Agent for Association Discount
Mary Ellen Dunn, MA, CLTC
Dunn Insurance Services LLC
602-923-4949—office
1-866-380-2169—toll free
www.dunninsuranceservices.org
MCCFA BENEFITLONG-TERM CARE INSURANCE
