Long-term care insurance
Open enrollment for eligible employees will take place from September 16 – October 11, 2019 for coverage effective December 1, 2019.
Long-term care insurance provides a wide range of supportive medical, personal and social services for individuals who need assistance for an extended period of time. The plan’s coverage can help protect against the risk of losing savings and assets to meet these needs.
Genworth Life Insurance Company is the plan provider for this benefit and is administering the program on behalf of the Virginia Retirement System (VRS). Following processing and approval of the completed application, participants receive a certificate indicating the effective date of coverage.
Participants in the program are responsible for all premium payments, which are direct-billed to the participating employee. Contact Genworth for more information.
VCU employees who regularly work at least 20 hours per week are eligible for the program provided they meet underwriting requirements. Employees under age 66 may apply for coverage with limited underwriting requirements during open enrollment September 16 – October 11, 2019. Select family members may also apply, including an eligible employee’s spouse, adult children, parents, parents-in-law, step parents, step parents-in-law, grandparents, grandparents-in-law, step grandparents and step grandparents-in-law who are between the ages of 18 and 75 at the time of application.
VRS and ORP retirees under age 75, and their eligible family members, are also eligible to apply.
For detailed eligibility information, see https://www.varetire.org/members/benefits/long-term-care/voluntary-long-term-care/index.asp.
Employees may contact Genworth directly at (866) 859-6060.
Employees who participate in the previously offered Genworth program continue their existing coverage.
Genworth will be offering two on-campus information sessions for university faculty and staff during the open enrollment period. Registration is required.
- Monroe Park Campus: Wednesday, September 25 at 9:00 a.m. in the VCU HR Training Building. Register at https://bit.ly/2kq3pMI
- MCV Campus: Wednesday, September 25 at 1:30 p.m. in the Molecular Medicine Research Building. Register at https://bit.ly/2k2n9Ge
Unable to attend? Join a virtual webinar to learn more about the long-term care insurance program. Choose from many dates and times from Tuesday, Sept. 24 through Thursday, Oct. 3. Register at GoWebinar to reserve your space.