| OBTAINING TAX INFORMATION |
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State tax credit: Enrollees who are Minnesota residents can claim a tax credit of up to $100/year on the form Schedule M-1LTI (PDF) when they file their state taxes. The form only requires that they indicate the policy number, which is 9938, and the amount of premiums paid for the year, which enrollees can obtain from their year-end pay stub or the schedule page of their certificate of coverage. For more information about this, e-mail the Minnesota Dept. of Revenue at indinctax@state.mn.us or call the department at (651) 296-3781 or toll-free at 1-800-652-9094. |
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Pretax deductibility: Long-term care insurance premiums cannot be deducted from paychecks on a pre-tax basis, but long term care benefits are not taxable as income. |
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Federal tax deduction: If you itemize your deductions on Schedule A of your federal tax return you may be able to deduct premiums you paid for long-term care insurance if your total medical care expenses for the year exceed 7.5% of your adjusted gross income. However, most working persons will not meet this threshold. For further information, see IRS Publication 502 (PDF). |
| CHANGING NAME AND ADDRESS |
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You can change your name or address with the insurer by simply using the Change Form (PDF, 149kb). |
| INCREASING COVERAGE |
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Current employees and their spouses who are participants in the M-Pel plan may increase their coverage at any time. In order to do so you will need to complete the Short Form Application (PDF, 181kb). Please follow the instructions with the application.
Parents, step-parents and Retirees who want to increase their coverage must complete the Long Form Application (PDF, 257kb) and fax it to (877) 914-2358 or mail to:
CNA Group Long Term Care
PO Box 64908
St. Paul, MN 55164. |
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| DECREASING COVERAGE |
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You may decrease their coverage in writing at any time without providing evidence of good health.
There is no form for doing this. Please write a brief note with your name and Social Security number
and fax it to (877) 914-2358, or mail to CNA, PO Box 946760, Maitland, FL 32794-9776. |
| PAYING FOR COVERAGE DURING PAID LEAVES |
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Employees who are not actively at work but remain on the payroll will continue to have their long-term care premiums deducted. |
| PAYING FOR COVERAGE DURING UNPAID LEAVES |
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If an employee is not actively at work and no longer receiving wages, CNA will automatically begin to send bills to that person and his or her spouse at their home. No conversion under COBRA applies to long-term care coverage. |
| CHANGING PAYMENT METHOD |
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Enrollees may change the way they pay their premiums by simply using the Change Form (PDF, 149kb). |
| CHANGING PAYMENT FREQUENCY |
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Since long-term care coverage is not administered through the State and University computer systems, academic enrollees who are paid on a nine-month basis may not pay premiums for this coverage in arrears. However, they may use the Change Form (PDF, 149kb) to change their deductions from twelve times a year to nine times a year and vise-versa. |
| PAYING FOR COVERAGE AFTER TERMINATION |
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Employees who retire or otherwise leave state service will automatically be billed at their homes once they are no longer on the payroll. If employees are changing their address at the same time they are terminating, they should notify CNA. (See Changing name and address.) |
| ALLOWING COVERAGE TO LAPSE |
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Persons who fall off the payroll will automatically be send bills at their homes and will be given 90 days to make payment before coverage lapses. By law, persons are also given the option of appointing a third party, such as a son or daughter, to be notified before coverage lapses to protect enrollees from inadvertently allowing a lapse due to impaired functioning. Periodically, the insurer will notify enrollees of this option. Persons wishing to re-enroll must show evidence of good health and pay premiums based on their age at the time of re-enrollment. |
| CANCELING COVERAGE |
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Enrollees may cancel coverage at anytime by completing the Change Form (PDF, 149kb). |
