Retirees LTC
Core LTC Benefit
LAPRA members may continue their LTC coverage as retirees. The core LTC benefit provides a $1,500 monthly benefit for facility or home care up to two years, after a 90-day elimination period with no inflation protection. LAPRA contributes $7.53 per month toward the cost of your retiree LTC coverage. You are responsible for paying the balance of the premium due each month. Typically, your monthly LTC premium is paid through a deduction from your monthly pension.
Optional Buy-up LTC Benefit
Members have the opportunity to choose increased coverage by personalizing three key areas:
- Monthly Benefit Amount – You can choose between $1,500 and $8,500.
- Benefit duration – You can choose 2 years, 5 years or lifetime.
- Inflation protection: You can choose no inflation, 5% simple inflation or 5% compound inflation.
LTC Insurance Certificate of Coverage for Retired Member
Medical Underwriting
LTC insurance is medically underwritten. However, when you enroll in coverage within your first 31 days of hire, approval is guaranteed up to a benefit of $6,500 per month and 5 years duration. If you apply for a greater monthly benefit or duration, you will need to complete an LTC Application.
Cost of LTC Coverage
The cost of Buy-up coverage is determined by your age, the benefit amount and duration. A spouse or eligible domestic partner are subject to the member rate schedule.
If you or your spouse/Domestic Partner wish to apply for coverage, complete the forms below:
For questions about LTC coverage, visit www.unuminfo.com/lapra or email Benefits@lapra.org.