My Long-Term Care Benefits

 

 

Congratulations!

GlaxoSmithKline (GSK) is pleased to announce your eligibility for a voluntary benefit to address long-term care risks: Long-Term Care Insurance. This benefit is brought to you by ACSIA Partners in partnership with LifeSecure. ACSIA Partners is one of the nation’s most experienced professionals in long-term care planning.

Who is eligible to apply for Long-Term Care Insurance?

This Voluntary Benefit is available to you (age 18- 69) and your spouse/domestic partner (aged 18- 49). Qualifying for long term care insurance is based on your current health situation. 

Who is eligible for simplified underwriting?

Newly hired GSK employees have 90 days from their GSK hire date to apply for Long-Term Care Insurance with ‘simplified underwriting’, meaning a reduced number of health questions to answer.

To be eligible for simplified underwriting, employees must be 18-64 years old; spouses/domestic partners must be 18-49, and working at least 20 hour per week. If an employee or spouse falls outside these guidelines, full medical underwriting is required. 

In order for the spouse to apply with fewer health-related questions, the eligible employee must also apply. 

What if I am not a new hire? 

GSK employees may apply for Long-Term Care Insurance at any time (with full medical underwriting). Employees that are aged 65 - 69, employees or spouse/domestic partners that fall outside the eligibility requirements above,  and employees who did not previously enroll, may apply for this benefit at any time, however full underwriting is required. 

What are the advantages of this program? 

Your Long-Term Care Insurance benefits include:

  • Comprehensive coverage in your home, your community or facilities
  • All plans are fully portable – coverage continues when you move or change jobs
  • Tax-qualified, tax-free Federal benefits and State tax incentives (varies by State)
  • No gender-based pricing, so female applicants do not pay higher premiums

* This policy has exclusions, limitations and terms under which benefits may be continued, in-force or discontinued.  For costs and complete details of coverage, contact your insurance agent.

Care Support Online available at no cost to you. In addition, even if you do not apply for Long-Term Care Insurance, all employees and eligible family members will have access to Care Support Online providing a wide range of assessment tools to assist you in understanding your situation and determining possible best next steps.

  • Free care advocacy to those in caregiving crisis
  • Free care resources to those seeking caregiving and planning information and
  • Free care planning to those preparing for their future care needs

Premium Discounts

Eligible employees and their spouse/domestic partner who are approved for and purchase long-term care insurance through ACSIA Partners are eligible for discounted premiums*. The premium amount varies depending on your age and the options you choose.

*Long-Term Care Insurance rates will vary by state, and coverage is not available in all states. Contact ACSIA for more information.

When am I eligible to receive benefits?

You are eligible to receive benefits under your policy when a licensed health-care practitioner submits a plan of care that certifies:

  • You are chronically ill meaning you require assistance performing at least two of the six activities of daily living for a period expected to last at least 90 consecutive days or
  • You need continual supervision due to a severe cognitive impairment
  • Recommended services are included under your policy

* This policy has exclusions, limitations and terms under which benefits may be continued, in-force or discontinued.  For costs and complete details of coverage, contact your insurance agent.

How to learn more?

  • Speak with a Long-term Care advisor. Call toll-free 844-209-8695 Monday through Friday, 11am to 7pm ET, to provide your contact information and schedule a personal consultation with a Long-term Care advisor; you may invite your spouse.  An ACSIA Partners Specialist will contact you within 24-48 hours. You will learn how to take advantage of gender-neutral rates and if eligible, the one-time opportunity for simplified underwriting with reduced medical questions.
  • View a recorded educational webinar: use the link below to access the recording.

https://myltcbenefit.webex.com/myltcbenefit/lsr.php?RCID=7653e41752ee570c3be8ec9a4e6c17e2 

 Don’t miss this opportunity to protect yourself and your family!

Speak with a Specialist

Or Call (844) 209-8695