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NYU School of Medicine Benefit Plans

NYU School of Medicine Benefit Plans

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Long Term Care Insurance<br />

(Employee paid benefit-<strong>of</strong>fered to employees with weekly base hours<br />

<strong>of</strong> 17.5 or greater)<br />

• Provides financial protection when you or a family member can no<br />

longer perform “Activities <strong>of</strong> Daily Living” as a result <strong>of</strong> old age,<br />

chronic illness, or serious injury (i.e. Alzheimer’s)<br />

– Choose from a variety <strong>of</strong> long-term care plan options to suit your<br />

individual lifestyle<br />

– Confidential consultations are provided to participants to<br />

determine the best plan option<br />

• Purchase “fully-portable” individual policies at discounted group<br />

premiums.<br />

• Empes, spouses, or partners can sign up for or stop participation at<br />

anytime<br />

– <strong>Benefit</strong> from ‘Simplified Underwriting’ (i.e. fewer health<br />

questions) if you apply within 90 days <strong>of</strong> hire date or benefits<br />

eligibility date<br />

• Premiums will be deducted from payroll on a ‘post-tax’ basis

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