Page 8 - 2021 01 Benefits Guide Murata FINAL

Long Term Care (LTC) Plan

Murata Electronics has partnered with LTC Solutions, Inc., and Transamerica, a well-established carrier in the industry.
Together, we bring you the opportunity to purchase a valuable long-term care insurance plan with discounted group rates.

ELIGIBILITY HOW ARE PREMIUMS PAID?

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Newly-eligible or newly-hired employees may apply for coverage with Employee and spouse premiums will be
fewer health questions for 30 days after their 6-month employment payroll deducted.
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anniversary. This is a one-time opportunity to enroll with limited underwriting.
If you leave Murata Electronics, N.A.,
Spouses/Domestic Partners of Murata Electronics, N.A. employees are also you will have the opportunity to
eligible to apply for their own policy. Spouses may be eligible to apply with continue your coverage at the same
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fewer health questions , up to certain limits during the employee’s initial rate.
eligibility window (for 30 days after their 6-month employment anniversary).
All other family members will be billed
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All other benefit eligible employees and their spouses/domestic partners separately.
who did not enroll during the qualifying period or would like to make changes
to existing coverage may apply at any time with full underwriting.

Eligible family members (parents, grandparents, in-laws, and children)
of Murata Electronics, N.A. employees can apply with full underwriting.

Benefit Features Available Plan Options

Benefit Duration 3 Years 6 Years
Daily Benefit Amount
Nursing Home Facility (100%) $100, $110, $120, $130, $100, $110, $120, $130,
Assisted Living Facility (100%) $140, $150, $180, $200 $140, $150, $180
Professional Home Care (100%)
Inflation Protection Deferred (included), 3% or 5% Step Rated, or Tailored
Elimination Period 90 days; 0 Day Home Care

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