What Is Group Long Term Care Insurance? 
In the land of Long-term Care Insurance -LRB- LTCi -RRB- , the word `` group '' roughly means `` guaranteed issue '' . Guaranteed issue means that all one has to do is apply and coverage will be issued - no formal underwriting . It takes a pretty big group for an insurance company to take on the risk of true group LTCi . I do n't believe any carriers provide it anymore , although much of it was sold previously and is still in force . Some carriers will still write `` simplified issue '' group wherein the applicant must answer 4 or 5 questions in the negative to qualify . If they answer `` yes '' to any of the questions , the insurance company may still consider them , but only if they authorize the insurance company to look at their medical records and maybe call them for an underwriting interview over the phone . Only a few carriers are still in this market segment of LTCi , however . Carriers will provide a small discount of 5 % or so to smaller numbers of applicants that are successfully underwritten and all work for the same employer . The minimum number depends on the carrier , but it is usually a minimum of 5 - 7 FTE . This is called `` multi-life '' long-term care insurance and is not true group . But , people refer to it that way.Multi-life underwriting may be `` simplified '' , or `` modified - simplified '' . Regardless , some underwriting does take place and a person may not qualify medically . In the past , if enough people in a multi-life situation qualified for coverage , a carrier would accept one person who did n't qualify medically and issue a base contract of coverage to that person . That accommodation is not actively marketed these days and may only be available under special conditions . With a multi-life policy , the insured owns his/her own policy and can take it with them when they leave employment . The discounted premium is portable , too.Multi-life may be worth looking into if the company only wants to insure executives , owners or key occupation classes . LTCi is not yet subject to ERISA rules , so companies can `` carve out '' who they want to provide this kind of insurance to . Payment of premiums by the corporation -LRB- especially C-corps -RRB- may qualify as a health insurance expense and deductible for tax purposes , as well . But , before assuming any special treatment of premium payments , one should consult with a qualified tax professional.Otherwise , there is no true group LTCi and fewer `` deals '' any more for LTCi . 