Bankers Life & Casualty Company
When You Are Eligible
The first day of the following month after date of employment.
What You Receive
The College offers PHSC employees the opportunity to purchase from Bankers Life & Casualty Company a Long term care insurance (LTC) that provides coverage to help protect a participant and his/her family from the high cost of prolonged health care. A 20% discount is offered for couples when an employee signs up for a LTC policy, his/her family members, e.g. spouse, children 18 years and older, and parents, are eligible to purchase a LTC policy. Domestic partners are also allowed to purchase this coverage. The policy is portable. This premium cannot be pre-taxed.