HUMAN RESOURCES at MIT

Long-Term Care

MIT offers you and your eligible family members the opportunity to purchase a long-term care insurance plan.

Who Is Eligible

You are generally eligible for the Long-Term Care Insurance Plan if you: (1) work at least 50% of the normal full-time work schedule in your department, laboratory or center; (2) are appointed to work at MIT for at least three months; and (3) are paid by MIT.

The following are not eligible: visitors, consultants, contractors, fellows, affiliates, teaching or research assistants, honorary lecturers, post-doctoral trainees, consultants and people paid by MITemps and members of the armed services assigned to MIT.

If you are a member of a collective bargaining unit, all the provisions of the Long-Term Care Insurance Plan are subject to the terms of your collective bargaining agreement.

Benefit

The Plan covers certain expenses to care for the participant who is unable to care for him or herself and needs assistance with the most personal daily activities, like bathing or dressing.

Long-term care costs have been increasing due to inflation and may increase in the future. Periodically, you may have the opportunity to increase your elected Nursing Home Daily Maximum Benefit and consequently increase your lifetime maximum. This allows your benefits to remain meaningful over time.

Even if you leave your job, you will be able to continue your coverage at the same group rates as active employees.

One of the most valuable features of this plan is patient advocacy. Patient advocates are registered nurses who are knowledgeable in the field of long-term care. They will work with you and your family to find the care that is right for you and to help you use your long-term care benefits wisely. However, you are not required to follow their recommendations.

In addition to conventional nursing home coverage, the plan covers services received in your own home, in a qualified adult day care facility, or in an alternate care facility.

Who Is Covered

Long-Term Care Benefits are available for eligible employees, retirees, their eligible spouses, spousal equivalents, parents, parents-in-law, grandparents, and grandparents-in-law.

Cost

Your age when you first enroll determines your monthly premium rate for coverage. The younger you are when you enroll, the lower the cost will be.

Enrollment

If you enroll in the Long-Term Care Insurance Plan within 31 days of your date of hire or appointment you will be guaranteed acceptance into the Plan regardless of your health status. All other eligible employees may apply for Long-Term Care coverage at any time, but you will need to provide proof of good health on the application. Your spouse or spousal equivalent may apply during this same 31-day period by appropriately answering five health questions. After the 31-day period, your spouse or spousal equivalent will need to complete the standard application.

For more information, or to request an enrolllment kit for yourself or an eligible family member, call the John Hancock Customer Service Center at (888) 453-2030. Or, you may visit the John Hancock/MIT Long-Term Care Web site at http://mit.jhancock.com (username: mit; password: jhancock).

This information is intended to be a summary of the Plan. The Plan document (available from the Benefits office) contains all the details. If there is a conflict between this summary and the Plan document, the Plan document will control.

MIT expects to continue the Plan as a benefit to employees, but reserves the right to change or terminate the Plan should this become necessary or advisable.

Forms & Publications