VRS Logo Wednesday, May 22, 2019

Commonwealth of Virginia (COV) Voluntary Group Long Term Care Insurance Program

Voluntary Long-Term Care Program Prepares to Accept New Enrollees

Genworth Life Insurance Co. has completed restructuring of its employee-paid long-term care insurance program and will once again accept new enrollees in the Commonwealth of Virginia (COV) Voluntary Group Long Term Care Insurance Program starting fall 2019. The program provides a maximum monthly benefit for covered long-term care expenses.

State employees who meet eligibility requirements can participate. School division and political subdivision employees may participate if they meet eligibility requirements and their respective employers adopt the program, or have an adoption agreement already in place.

Adoption Window

All state agencies are eligible to participate in the program without signing an adoption agreement. Political subdivision and school employers that did not adopt the COV Voluntary Long-Term Care Insurance Program in 2010 or 2011 can submit an adoption agreement to VRS postmarked by June 14 to participate in the updated program. Genworth will email adoption agreements to non-participating employers in mid-March.

Political subdivision and school employers that adopted the program in 2010 or 2011 do not need to sign an adoption agreement to participate in the updated program. New employees, as well as those who did not enroll in the long-term care insurance program in the past, will be eligible to participate. Employees who are currently enrolled will continue their coverage under the existing program. Participating employers will receive an email from Genworth in early April with details about the updated program provisions.

Open Enrollment Set for September 16 – October 11

  • Eligible employees age 65 and under who apply during open enrollment will have limited medical underwriting requirements.
  • Eligible employees age 65 and under who apply after open enrollment or more than 60 days after their hire date must complete full medical underwriting.
  • Eligible employees age 66 and over must complete full medical underwriting.
  • Select family members between the ages of 18 and 75 may also apply; however, they must complete full medical underwriting.

Questions?

Contact the Genworth Account Management team or call toll-free 1-800-870-0877.

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