Long-Term Care Insurance

IMPORTANT NOTE FOR EMPLOYEES

Our group long term care insurance carrier, John Hancock, recently informed Monmouth University that they will no longer be accepting new enrollment applications for long term care insurance beginning January 1, 2012.  We were advised that they are no longer able to accept new entrants to our policy due to the low interest rate environment which they have experienced and expect to continue for an extended period, adversely affecting their ability to price the long term care product at this time. We are currently reviewing other programs and hope to be able to provide a product to meet your long term care needs.

Please watch for announcements regarding information for those currently enrolled with John Hancock as well as the status of new programs that may become available for eligible active employees and their eligible family members.

THIS DECISION TO NOT ACCEPT NEW ENROLLMENTS WILL NOT AFFECT THOSE EMPLOYEES WITH LONG TERM CARE COVERAGE CURRENTLY IN FORCE THROUGH JOHN HANCOCK.

To access general benefit information about the John Hancock Long Term Care benefit online please visit John Hancock.You will continue to use the username: Monmouth and password: mybenefit. You can also call the John Hancock Customer Service Center, Monday through Friday, at 800-482-0022.

This benefit is available to all actively at work, full-time faculty, staff, and administrators, or actively at work part-time staff and administrators regularly scheduled to work at least 20 hours each week. Eligible relatives include parents, parents-in-law, grandparents and grandparents-in-law of eligible active employees.