Tag: benefits

TAUP offers Long Term Care Insurance

e-Bulletin20181128:

The Temple Association of University Professionals (TAUP) is excited to introduce a Long-Term Care insurance [LTCi] program as a benefit for our dues-paying members, underwritten by Transamerica Life Insurance Company.  Since Temple’s administration has for some years not offered this benefit and since these costs are not covered by health insurance, disability insurance or under Medicare, TAUP has decided to make this insurance benefit available to both full-time and adjunct dues-paying members on a voluntary, participant-paid basis, for a limited time only.

 

LTCi pays for the expenses associated with needing extended care at home or a stay in a Long-Term Care facility. The cost of Long-Term Care can vary based upon your location, the future costs of care and for how long care is needed.  An average stay in a Long-Term Care facility is almost 2.5 years1 and the current average cost of nursing home care in Pennsylvania  is $316/day2. Through this special offering at TAUP, you can design a Long-Term Care insurance plan that fits your unique needs and budget.

 

There are additional advantages to you under this program:

  1. Unisex Pricing is available. Most individual LTCi offerings employ gender-based pricing, where rates for women are more expensive than for males.
  2. Simplified Issue Underwriting – active employees ages 18 – 65 working at least 30 hours per week need only answer 10 Simplified Issue Health Questions.
  3. Your spouse/domestic partner, family members & extended family are also eligible to participate in the program.
  4. Couples Discounts of up to 30% are also available.

This voluntary benefit will be offered during the Long-Term Care insurance open enrollment period, which commences on January 14, 2019.  Prior to open enrollment, you can learn more during on-campus educational workshops. These will be held on Wednesday, December 5th at 12PM and 1PM in the Student Center Room 217B, and Thursday, December 6th at 12:30PM and 1:30PM in the Student Center Room 217D .  The location will be announced via email. Please CLICK HERE to RSVP today!

 

During the upcoming limited enrollment period, you will have the opportunity to meet with Harris Kivitz, our Long-Term Care Insurance Specialist, to design a plan that fits your budget. You can meet with Harris in person or online & over the phone.

 

Please note that LTCi does not make sense for everyone.  The policy-holder should have sufficient financial assets to protect in order to justify the premiums.  But even if you are not in a position to benefit from it directly, your family members may be. If you have questions about this, please contact Harris.

 

Once this enrollment period ends, the Simplified Issue Underwriting will only be available to new hires. Find out more about this new benefit and direct any questions to Harris Kivitz by calling 215.901.7905 or emailing kivitz1@verizon.net.

 

 

TAUP offers Long Term Care Insurance:

e-Bulletin20181118:

The Temple Association of University Professionals (TAUP) is excited to introduce a Long-Term Care insurance [LTCi] program as a benefit for our dues-paying members, underwritten by Transamerica Life Insurance Company. Since Temple’s administration has for some years not offered this benefit and since these costs are not covered by health insurance, disability insurance or under Medicare, TAUP has decided to make this insurance benefit available to both full-time and adjunct dues-paying members on a voluntary, participant-paid basis, for a limited time only.

LTCi pays for the expenses associated with needing extended care at home or a stay in a Long-Term Care facility. The cost of Long-Term Care can vary based upon your location, the future costs of care and for how long care is needed. An average stay in a Long-Term Care facility is almost 2.5 years1 and the current average cost of nursing home care in Pennsylvania is $316/day2. Through this special offering at TAUP, you can design a Long-Term Care insurance plan that fits your unique needs and budget.

There are additional advantages to you under this program:

Unisex Pricing is available. Most individual LTCi offerings employ gender-based pricing, where rates for women are more expensive than for males.
Simplified Issue Underwriting – active employees ages 18 – 65 working at least 30 hours per week need only answer 10 Simplified Issue Health Questions.
Your spouse/domestic partner, family members & extended family are also eligible to participate in the program.
Couples Discounts of up to 30% are also available.
This voluntary benefit will be offered during the Long-Term Care insurance open enrollment period, which commences on January 14, 2019. Prior to open enrollment, you can learn more during on-campus educational workshops. These will be held on Wednesday, December 5th at 12PM and 1PM, and Thursday, December 6th at 12:30PM and 1:30PM. The location will be announced via email. Please CLICK HERE to RSVP today!

During the upcoming limited enrollment period, you will have the opportunity to meet with Harris Kivitz, our Long-Term Care Insurance Specialist, to design a plan that fits your budget. You can meet with Harris in person or online & over the phone.

Please note that LTCi does not make sense for everyone. The policy-holder should have sufficient financial assets to protect in order to justify the premiums. But even if you are not in a position to benefit from it directly, your family members may be. If you have questions about this, please contact Harris.

Once this enrollment period ends, the Simplified Issue Underwriting will only be available to new hires. Find out more about this new benefit and direct any questions to Harris Kivitz by calling 215.901.7905 or emailing kivitz1@verizon.net.

 

Tuition Benefits at Other Universities:  Moving Forward

e-Bulletin20171101

 

As you may know, the current TAUP contract, which now expires October 15, 2019, includes a side letter which commits Temple’s administration to respond to proposals on tuition benefits at other universities put forth jointly by the Faculty Senate and TAUP.  This benefit would be of great value to our members and to Temple in recruiting and retaining talented faculty, librarians, and academic professionals.  So we are assembling a new committee to continue the work that was done in 2015, which included an inquiry into Tuition Exchange and other potential models and a discussion on how to survey members.  

 If you’re interested in serving on the committee, here’s what to expect:


  • The Committee will meet once a month for 60-90 minutes, perhaps more frequently if necessary; but we are more likely to do our work individually and in small groups.

  • Members will be expected to do research and engage in productive conversations on the particular elements of the proposal that interest them most.

  • The Committee will formulate and distribute a survey by the end of January and analyze the results by the end of February.

  • The Committee will put forth proposals to the Administration by the end of the Spring 2018 semester.

If you are interested in participating and are a dues-paying member of TAUP, please contact Steve Newman, President of TAUP (stevenewman1970@gmail.com); if you are interested but aren’t a dues-paying member, please contact Michael Sachs, President of the Faculty Senate (msachs@temple.edu).