TO: All Momentive Performance Materials U.S. Employees
FROM: Ed Stratton, Global Human Resources Leader
RE: Special Opportunity to Enroll in the New Momentive Performance Materials Group Long Term Care Insurance Program
Through Thursday, February 15, 2007, employees who are U.S. residents can take advantage of a special enrollment opportunity for the Group Long Term Care Insurance Program, underwritten by Genworth Life Insurance Company. This is a unique opportunity to enroll since you will not have to provide proof of good health if you are under age 65.
If you are approved, your coverage will be effective March 1, 2007 and payroll deductions for coverage will begin with your first paycheck in March.
About the Program
The Long Term Care Insurance program offers a range of coverage options for you, your spouse, your parents and your parents-in-law. Unlike disability insurance, which pays a portion of your salary should you become disabled, long term care insurance covers the actual costs for covered in-home and facility care, up to your chosen monthly maximum. The plan also offers three options that help covered individuals keep up with the rapidly increasing costs of long term care.
Several features of this program support people receiving long term care at home, where they may be more comfortable. These include a Home Assistance benefit, which can cover home modifications, devices like emergency medical response systems and caregiver training. There are also benefits that pay for care provided by “informal” providers, including friends and some family members.
Enrolling in the Program
To get more details about this enrollment, including sample premiums for you, your spouse and other family members, click on www.genworth.com/groupltc. The ID/Name is “Momentive” and the access code is “groupltc.” Or, if you prefer, you can call Genworth’s customer service at 1-800-416-3624 to get answers to any questions you have.
If you currently have long term care coverage under the GE plan and want to continue it, you must contact Genworth directly at 1-800-416-3624. You’ll keep your same rates and coverage and your premiums will be billed to you directly.
It’s important to note that if you want to either continue your current Long Term Care plan or elect the Momentive Long Term Care plan, you must take action.
Sincerely,
Ed Stratton
Global Human Resources Leader
Momentive Performance Materials