Benefit Period

This is the length of time benefits will be paid if you receive benefits each and every day equal to your daily benefit amount (DBA). You can choose from a two-year, three-year, five-year, or unlimited benefit period.

If you receive services that cost less than your DBA or you do not receive services every day, your benefits will last longer than your benefit period.

Which Benefit Period Is Right for You?

When deciding which benefit period is right for you, it is important to think about your budget, as well as your potential needs. If you want to keep your premium costs low and are willing to pay out of pocket for some of your care, the two-year benefit period will provide you with a basic level of protection. If you have considered that future advances in medical care could mean longer life expectancy, and the possibility of needing care for many years, you may prefer a longer benefit period, if it is something you can comfortably afford.

It is important to note that future advances in medical care could mean longer life expectancy and a greater chance of outliving your benefits. For this reason, you may wish to consider the five-year benefit period or the unlimited benefit period.

What Is a Maximum Lifetime Benefit (MLB)?

The maximum lifetime benefit (MLB) is the maximum amount your coverage can pay. To calculate your MLB, multiply your DBA by your benefit period (in days).

Federal Long Term Care Insurance Program (FLTCIP) benefit periods: two years (730 days), three years (1,095 days), five years (1,825 days), or the unlimited benefit period (no maximum lifetime benefit).

Example: The following is the MLB calculation for an enrollee with a DBA of $150 and a three-year benefit period:

$150 x 1,095 days = $164,250 maximum lifetime benefit

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