Long Term Care (LTC) Insurance
Effective July 1, 2013, Prudential will no longer accept new applications for Long-Term Care (LTC).
Current policy holders will continue to be covered under the terms and conditions of their Prudential long-term care insurance certificates, which are guaranteed renewable. Your current rate is guaranteed not to increase through January 31, 2019.
Existing employee and retiree participants will continue to receive inflation offers or automatic inflation increases and will have the ability to decrease coverage at any time. However, benefit increases are no longer allowed by Prudential.
ORS will continue to process LTC pension deductions for retirees and dependents.