AICUP's Long Term Care Insurance (LTCi) Program offered through the John Hancock Life Insurance Company continues to be the most robust and cost-effective employee benefit program AICUP offers to the membership. The LTCi Program provides a majority of AICUP colleges a "best in the market place" employer based long term care program. Member employees have enjoyed either "Guaranteed Issue" or "Simplified Underwriting." A high percentage of employees are eligible regardless of their individual medical history.
AffinityLTC, LLC conducted educational webinars which included testimonials from currently enrolled institutions' HR Directors. They attested to the turnkey nature of this program. 24 AICUP members have already enrolled or are in the process of enrollment. Another ten are considering commitments during the Spring of 2010. Employee participation in this program has more than exceeded the average employer market sector for voluntary participation rates of the LTCi programs (which ranges between 3% - 6%). In one institution, the program yielded a 16% voluntary participation rate.
The Corporate Choice programs contains many features, among them: return of premium, portability, special underwriting concessions, a personalized website developed for each school, no minimum participation requirements, and more. This type of program cannot be found on an individual basis.
To download the current fact sheet, click here
To learn how successful this has been for fellow AICUP member schools, click here for the Outcomes Report!
CONTACT: Mike VanGavree at mike@affinityltc.com or 717-737-3060, ext.300. www.affinityltc.com
AICUP's Long Term Care Insurance (LTCi) Program offered through the John Hancock Life Insurance Company continues to be the most robust and cost-effective employee benefit program AICUP offers to the membership. The LTCi Program provides a majority of AICUP colleges a "best in the market place" employer based long term care program. Member employees have enjoyed either "Guaranteed Issue" or "Simplified Underwriting." A high percentage of employees are eligible regardless of their individual medical history.
AffinityLTC, LLC conducted educational webinars which included testimonials from currently enrolled institutions' HR Directors. They attested to the turnkey nature of this program. 24 AICUP members have already enrolled or are in the process of enrollment. Another ten are considering commitments during the Spring of 2010. Employee participation in this program has more than exceeded the average employer market sector for voluntary participation rates of the LTCi programs (which ranges between 3% - 6%). In one institution, the program yielded a 16% voluntary participation rate.
The Corporate Choice programs contains many features, among them: return of premium, portability, special underwriting concessions, a personalized website developed for each school, no minimum participation requirements, and more. This type of program cannot be found on an individual basis.
To download the current fact sheet, click here
To learn how successful this has been for fellow AICUP member schools, click here for the Outcomes Report!
CONTACT: Mike VanGavree at mike@affinityltc.com or 717-737-3060, ext.300. www.affinityltc.com