Long-Term Care

The Long-Term Care (LTC) Plan is an optional insurance plan which is fully paid by the employee. Long-Term Care insurance is offered through CNA Insurance Solutions. It provides coverage, with a $150 daily maximum benefit, for nursing home and community-based care (which includes home health care) in the event the participant becomes disabled and can no longer care for him or herself on a day-to-day basis. Premiums are payroll deducted after taxes are calculated. This plan and payment made by payroll deduction ends on January 31, 2016. Please read the gray box below. 

Changes in 2016

Long Term Care Ends

**NEW** Videos of the recent LTC workshops are now available here. 

The university’s Long Term Care insurance program (LTC) is ending on Jan. 31, 2016, because group LTC polices like OU's are no longer standard in the LTC industry. Starting Feb. 1, 2016, employees may choose to keep their current LTC policy and pay their premiums directly to CNA or purchase a new policy through another provider. Payment for these individual plans will be made to the provider of their choice instead of by payroll deduction.

If you enroll during the annual enrollment period, you will be required to complete an Evidence of Insurability (EOI) form. EOI is a questionnaire about your medical history which will be submitted for a medical review by the insurance carrier before coverage can be considered. Once enrolled, the employee may continue coverage after termination by making payments directly to the insurance provider.

Spouses, retirees, retiree spouses, parents, in-laws, and grandparents can apply for long-term care insurance by completing and submitting a medical questionnaire. If approved, the premium for a spouse may also be paid by the employee through after-tax payroll deduction until the program ends on January 31, 2016. All others would be billed directly by the company as will the employee after the OU LTC plan ends on January 31, 2016.