NFL Long Term Care Deadline extended to December 30, 2011
If you have not submitted an application for the NFL Long Term Care Insurance program provided by Transamerica please do so as soon as possible. The window to apply for this benefit has been extended to Friday, December 30, 2011.
New York was recently approved for this LTC program, so former players residing in that state have until January 30, 2012 to submit an application.
I should note that New York, Colorado, Washington and Minnesota have a paper only application process. This means you cannot do an online application. You will have to call Transamerica and get the application mailed to you and then send it back.
When the NFL Alumni first began petitioning both the union and league in October 2010 for a long term health insurance benefit, George Martin along with other alumni including Mike Ditka and Mike Haynes instituted a letter writing campaign, visits to Congress, and public awareness in support of long term health insurance benefits.
When told of the NFL’s decision to fund the program, Mr. Martin said “I’m excited that after years of neglect, the NFL has responded by instituting a well-deserved benefit for retired players. However, this is only a small fraction of the solutions needed to address retired player issues. I am grateful the NFL made this gesture, yet disappointed the NFLPA was not a part of this agreement.”
Even though they did not partner with the NFL on this benefit, I am calling on the NFLPA to help us get this LTC deadline information out to all its members as soon as possible. Any problems or issues they may have had with the NFL Alumni Association need to be set aside so that we can all do what is in the best interest of former players.
I spoke to a Transamerica representative who told me that over 1,000 eligible former players have not submitted an application. If you miss the deadline you will not have another opportunity to apply until next year, around this same time. The representative also told me that it will be more difficult for players that miss the original deadline to qualify at a later date, because they will have to go through a much tougher underwriting process.
Do yourself, and more importantly, your family, a big favor, and make every effort to obtain this coverage before the deadline. To date, 1,642 former players and spouses have taken advantage of this opportunity and have been approved for the NFL’s Long Term Care insurance program.
As I said in a previous article, we don’t know what the future holds for us. In the blink of an eye, we could be incapacitated by an accident or ailment. If we don’t have the proper insurance, our family’s financial security could be put in jeopardy. For those players that have been approved for this coverage, it is good to know that you have a policy in place that will assist you with the financial burden of in-home care and out-of-home residential nursing care.
If you are vested former player between the ages 50 and 75 and want to apply, or you would like more information about the NFL Long Term Care insurance program offered through Transamerica, please contact them at this toll free number: 1-800-260-7512