Population: New or Prospective Non-Represented
Your Long Term Care Program
Did you know that the costs of nursing home care can total more than $50,000 a year? Are you financially prepared for these costs?
The Long Term Care (LTC) Program can help. LTC benefits help pay for long term care services that range from daily nursing home care to nursing assistance at home. These services typically are not covered by insurance and are not covered under any of the medical options offered by PSEG.
Participating in the LTC Program
The Long Term Care program offers coverage based on daily and lifetime benefit maximums. And coverage is available for you, your spouse or domestic partner/civil union, your parents, your grandparents, and your spouse's or domestic partner/civil union's parents and grandparents.
You can choose from these options:
Maximum Daily Benefit for...
| Option | Nursing Home Care | Home Health Care | Adult Day Care | Total Maximum Benefit |
|---|---|---|---|---|
| Option 1 | $100 | $50 | $50 | $182,500 |
| Option 2 | $150 | $75 | $75 | $273,750 |
| Option 3 | $200 | $100 | $100 | $365,000 |
| Option 4 | $250 | $125 | $125 | $456,250 |
A Word About Cost
Your cost for LTC coverage depends on the option you choose and your age when you enroll. Once you enroll, your cost for coverage generally will not increase as you grow older. However, the company administering the program may increase rates for the entire program.
When choosing your coverage, consider the cost of each option.
For More Information
To request a complete information kit on Long Term Care, call 1-800-571-0400 and follow the voice recognition prompts, or contact the Plan Administrator directly (Group Name: PSEG, Password: PSEG111).
For a more detailed description of your benefits, see the LTC section of the summary plan description.
Please Note: You may only enroll for LTC coverage during an annual enrollment period.