NGFCU: Group Long Term Care Insurance

The CNA Future Guard Group Long Term Care Plan is for you and your family.

Your spouse, parents, parents-in-law, grandparents and grandparents-in-law age 90 or less are all eligible to apply for coverage, even if you do not enroll in the plan. You do not have to pay their premiums. Acceptance in the plan is based on health history.

Guaranteed renewable to you and to family members for life, even if you change jobs.

Benefits are payable in all 50 states, the District of Columbia, and all U.S. possessions.

What Is Long Term Care?
It is nursing or personal care needed over a period of 90 days or more, which is not provided in a hospital. It includes things like nursing at home, in an assisted living facility, or in a nursing home, and it can range from skilled care provided by registered nurses to personal care services, such as helping with bathing or dressing, or homemaker services such as meal preparation and laundry.

Who Needs Long Term Care?
More than 40% of all people over age 65 will enter a nursing home.¹ Many more will need home health care or other community services. Anyone at any age can have an accident or other event requiring such care for an extended period.

How Much Does Long Term Care Cost?
The average cost of nursing home care in California is $70,000 per year and in some states, such as New York, it's even more.²

Who Pays For Long Term Care?

Not Medicare. They only pay for short-term skilled care while you are recuperating from a hospital stay.
Not Major Medical Insurance.
Not Medi-Cal or Medicaid, unless you spend nearly all of your own money first and then fall within the government's standard of poverty.

Only 7% of every dollar of nursing home costs is paid by Medicare or private health insurance. The remaining 93% is paid by the patients themselves for as long as their money lasts, and then Medi-Cal or Medicaid steps in.³ If you should need long term care in the future, this could happen to you.

What Can You Do To Protect Yourself?
Insurance can cover these costs, but you need a special insurance plan to pay for long-term care. Northrop Grumman Federal Credit union is sponsoring an excellent group plan for you, your spouse, and other family members, whether you are a member of the credit union or not.

To download all of the materials, including benefit descriptions, premium rates, and enrollment forms, go to www.futureguardltc.com/ngfcu.htm or for complete information, contact:

PLAN ADMINISTRATOR GLTC INSURANCE ADMINISTRATORS, INC.
P.0. Box 28070
San Diego CA 92198-0070
Phone: (888) 287-8810 anytime

If You Think You Can Always Wait And Buy Coverage Later...
The government is encouraging people to buy long term care insurance now, because Medicare won't be able to add long term care benefits. In the future, people who want to be sure they receive quality care will be insured for it. If you wait, the cost of coverage will be higher and you may find that a change in health can make you uninsurable forever.

¹U. S. General Accounting Office
²CNA 2006/2007 Cost of Care Survey
³Centers for Medicare and Medicaid

CNA is a registered service mark of CNA Financial Corporation. The member Company which underwrites our long term care products is Continental Casualty Company. This brochure is for illustrative purposes only and is not a contract. It is intended to provide a general overview of the plan described. Please remember only the insurance policy can give actual terms, coverage, amounts, conditions, and exclusions.