The information on this page is for regular employees. If you’re a SelectTime or seasonal employee, visit the benefits site for you.

Long-Term Care Insurance

At any time, you or someone you love could be diagnosed with a chronic illness or disability and suddenly need long-term assistance. Long-Term Care (LTC) insurance can offer significant help—and peace of mind—if you’re needing to pay for costly in-home or nursing care. With LTC insurance, you’re provided a monthly dollar benefit to help pay for the costs of long-term care not covered by your health insurance, disability insurance or Medicare. Please note: LTC is not available in Massachusetts.

Long-Term Care
The Benefits of LTC Insurance
Who Can Be Enrolled
Cost of Coverage

Long-Term Care

Long-term care is the assistance you may need with the basic activities of daily living, including eating, bathing, and dressing. It can also include supervision needed to protect your health and safety. Conditions that may call for long-term care include:

  • Accident
  • Illness
  • Stroke
  • Advanced age
  • Alzheimer’s
  • Dementia
  • Parkinson’s Disease

The Benefits of LTC Insurance

LTC insurance pays or reimburses you for some or all of your long-term care costs, whether you’re in your own home, an adult day care center, an assisted living facility or a nursing home. These are expenses that are not covered by health insurance, disability insurance or Medicare. LTC insurance is a way for you to help protect some or all of your retirement assets if you should ever need long-term care. It can also give you peace of mind in knowing that you won’t have to rely on others for help.

Who Can Be Enrolled

You may enroll the following in LTC insurance:

  • Yourself
  • Your spouse or domestic partner
  • Your parents or parents-in-law

Existing employees, their spouses/partners and family members age 18-79 may apply anytime with full underwriting.

Cost of Coverage

Your monthly cost depends on your age on the date you enroll and the options you choose. Additional discounts apply for spouses and domestic partners.

You purchase coverage through Transamerica and pay them directly. If you’re enrolled in a Health Savings Account (HSA), LTC insurance premiums are a qualified medical expense. You may file for reimbursement up to the maximum deductible amount for each tax year.

Once you enroll, Transamerica will provide more information about payment options, including how to set up automatic monthly payments.

If you leave Intuit, you can take your coverage with you.