1. 1 Long Term Care Insurance Savings Comparison Presented by HSTA VEBA Trust

2. 2 Your Long Term Care (LTC) monthly premium is based on the following:  Plan Type There are 8 different plans; you select the plan that best fits your needs. Plans have different combinations of various coverage. Long Term Care Facility and Professional Home Care Total Home Care or/and Simple Inflation or/and Non Forfeiture

3. 3 Plan 1 Long Term Care Facility Professional Home Care Plan 2 Long Term Care Facility Professional Home Care Total Home Care Plan 3 Long Term Care Facility Professional Home Care Simple Inflation Plan 4 Long Term Care Facility Professional Home Care Non Forfeiture Base Plan Plan Types

4. 4 Plan Types (continue) Plan 8 Long Term Care Facility Professional Home Care Total Home Care Simple Inflation Non Forfeiture Plan 7 Long Term Care Facility Professional Home Care Simple Inflation Non Forfeiture Plan 6 Long Term Care Facility Professional Home Care Total Home Care Non Forfeiture Plan 5 Long Term Care Facility Professional Home Care Total Home Care Simple Inflation Most Popular

5. 5  Monthly Facility Benefit Amount There are 15 different $ increments; you select the amount that meets your needs Your Long Term Care (LTC) monthly premium is based on the following:

6. 6  Facility Benefit Duration There are 3 different years Your Long Term Care (LTC) monthly premium is based on the following:

7. 7  Your current age at the time of enrollment

8. 8 LTC Calculation Example: Current Age: 29 Plan: 5 Monthly Facility Benefit Amount: $5,000.00 Facility Benefit Duration: 3 years Formula: Rate for plan chosen x Facility Monthly Benefit Amount /500 = Monthly Premium $2.30 x $5,000.00/500 = 11,500/500 = $23.00 per month

9. 9 How much do you think that same coverage would be if you were to wait 30 years later to apply for it?

10. 10 If you wait 30 years, that same coverage would cost you $60.50 more per month or $726.00 more per year. That is about a 261% increase; you would pay 4x more if you wait.

11. 11 LTC Calculation Example: Current Age: 59 Plan: 5 Monthly Facility Benefit Amount: $5,000.00 Facility Benefit Duration: 3 years Formula: Rate for plan chosen x Facility Monthly Benefit Amount /500 = Monthly Premium $8.35 x $5,000.00/500 = 41,750/500 = $83.50 per month

12. 12 Calculation Comparison Formula: Age 29 Rate for plan chosen x Facility Monthly Benefit Amount /500 = Monthly Premium $2.30 x $5,000.00/500 = 11,500/500 = $23.00 Formula: Age 59 Rate for plan chosen x Facility Monthly Benefit Amount /500 = Monthly Premium $8.35 x $5,000.00/500 = 41,750/500 = $83.50

13. 13 Conclusion If you have the extra income, you should consider LTC coverage. And if not, just sign up for the Basic Life Insurance for $1.50 per month and get the LTC Base Plan for no additional cost to you.

14. 14 Contact Information HSTA VEBA Trust phone: 440-6940 or 1-800-637-4926 (toll free for outer-island members) email: vebatrust@hawaii.rr.com website: www.hstaveba.com