Long-Term Care Insurance

Any full-time employee may, at his or her option, participate in WVEMS’ optional long-term care insurance program. The entire annual premium will be paid by WVEMS and funded by an offset in the participating employee’s gross salary equivalent to the actual amount of the annual premium.

Every eligible employee will be furnished a copy of the publication A Shopper’s Guide To Long-Term Care Insurance published by the National Association of Insurance Commissioners. In order to be approved, a policy must be tax-exempt qualified, and issued by an insurance company holding the top rating by at least three of the four major independent rating services (A.M. Best, Fitch, Standard & Poor’s, and Moody’s Investors Services), and must offer a level (non-escalating) premium throughout the term of the policy.

Benefits derived from a qualified long-term care policy are generally not taxable, according to applicable tax laws.

For Contractual and Temporary Employees: long-term care insurance shall be in accordance with the employment agreement, or contract between the employee and WVEMS.

Policy No.  3.82  Issued  1/1/2019  Applicable  12/13/2018