Genworth with AffinityLTC and Got LTCi

TICUA is pleased to announce a partnership with AffinityLTC, LLC, Genworth Life Insurance Company and Phyllis Shelton with GOT LTCi on the offering of a new TICUA agreement for a Long-Term Care Insurance (LTCi) Program designed specifically for TICUA members. Prior to finalizing the offering we spoke with several states that have offered programs of this nature – including the very successful endorsed program at one of TICUA’s sister associations in Pennsylvania. In short, we think this offering will offer a very flexible and robust employee benefit that can be universally offered to any TICUA member on a contributory or non-contributory basis.

As you may know Long-Term Care Insurance is a growing interest for employees.  The top two buying reasons for employees are to not be a burden on their children and to protect assets and independence as they enter their retirement years. Anyone who has dealt with an aging parent knows that traditional health insurance, social security, retirement income and other government programs simply do not fill the financial gaps created when in-home care, assisted-living, or nursing-home care is needed. Employees are also buying LTC insurance because they understand it can be needed at any age due to an accident or debilitating condition such as a stroke, brain tumor, early Parkinson's disease, etc. In fact, 51% of LTC insurance policies today are purchased at work.*

Among other benefits, the TICUA LTCi program is designed to give each TICUA member access to premium discounts and generous group-based underwriting concessions. We have chosen to work with AffinityLTC, GOT LTCi and Genworth as they have adapted their employer LTCi offerings to suit the varied needs of our member organization. Got LTCi handles the entire employee education process, including group meetings and personal consultations, to ensure that all employees have a thorough understanding of the importance to plan for long-term care.

For more information, please contact Phyllis Shelton at 615-590-0306 or 888-400-1118, X114. Phyllis is a national consultant and author for the long-term care insurance industry. Her consulting firm provided the employee education component for the Federal Long-Term Care Insurance Program, the State of Tennessee, and she now works in conjunction with AffinityLTC and Group Insurance Services, Inc., a wholly-owned subsidiary of Blue Cross Blue Shield of Tennessee to offer long-term care insurance to Tennesseans.

TICUA consolidates the purchasing power of our 34 private, not-for-profit campuses in Tennessee to provide TICUA members the option of purchasing select products at a discount. To defray administrative costs, TICUA in some cases, may receive a modest amount under agreements made with the companies in the TICUA procurement program.

If you are interested in more information regarding TICUA procurement program agreements, please contact Diane Berty, Vice President.  

To access TICUA agreement pricing, click here. (You will need the username and password e-mailed to your institution)

TICUA Procurement Committee Members, click here.