Underwriting Applicants with Human Immunodeficiency Virus (HIV)

John Hancock is pleased to be able to offer term and permanent life insurance coverage to applicants living with human immunodeficiency virus (HIV) if they have had a favorable clinical course with a successful response and adherence
to antiretroviral therapy (ART). This change is in keeping with John Hancock’s awareness of medical advancements, progressive approach and continued commitment to its customers.

This offering includes:

  • Term and permanent Life coverage
  • Face amounts to a maximum of $2,000,000
  • Products that offer the John Hancock Vitality Program(i.e., the Healthy Engagement Rider)
  • Riders excluded: Long Term Care rider, Waiver of Premium rider, Return of Premium rider, and the Accelerated Death Benefit rider

Underwriting criteria for persons infected with human immunodeficiency virus (HIV):

  • Age at application 30-65, self–admitted diagnosis
  • Followed by an HIV-qualified specialist
  • Minimum 5 years of compliance with ART, no lapses or delays in treatment
  • Current and prior two -year viral loads must be undetectable (<50 copies/ml or below current detectable laboratory limit)
  • Current negative hepatitis B and hepatitis C testing
  • Current CD4 count of ≥350 cells/mm3

HIV positive applicants with the following conditions will not be eligible for coverage:

  • Newly or recently diagnosed with HIV
  • Any AIDS-defining illness
  • Documented viral resistance to treatment
  • History of intravenous drug abuse, polysubstance use, or alcohol concerns
  • Coronary artery disease or diabetes
  • Chronic hepatitis B or chronic hepatitis C history (including treated)
  • Rateable psychiatric conditions
  • Rateable low (or decreasing) build
  • Hypoalbuminemia
    Proteinuria
  • Malignancy

Please note: QuickQuote inquiries will not be considered.

With John Hancock Vitality, Your Clients Can Earn Points for Healthy Living

John Hancock Vitality Protection UL and John Hancock Term

John Hancock has partnered with the Vitality Group to create a new way for your clients to enjoy life insurance. Through the use of a mobile app, a website and/or a Fitbit, the John Hancock Vitality program tracks your clients’ behavior and awards them points for making healthy choices. As your clients accumulate points, they’ll earn premium savings and rewards (discounts from Hyatt, Royal Caribbean, Whole Foods, REI and more).

Here’s How the John Hancock Vitality Program Works:

  • Getting started: Once your client’s policy is issued, they can begin the program by logging onto the member website and completing the online Vitality Health Review. Soon after, they’ll receive a free Fitbit, along with customized information on their lifestyle relative to their age, individual health goals, and tips on how to achieve them.
  • Earn points: Your clients can earn John Hancock Vitality Points for the everyday things they do to stay healthy, like exercising, getting annual health screenings, and staying tobacco-free. All they need to do is record their activities using the easy online tools and mobile app. they’ll then earn a Vitality Status (Bronze, Silver, Gold, or Platinum) based on the number of points you accumulate each year.
  • Enjoy rewards: Clients will enjoy rewards on their policy’s anniversary and will earn premium savings that reflect the status level the’ve achieved. And those savings can continue year after year if they lead a healthy lifestyle.

John Hancock Vitality is truly revolutionary. Never before has there been a set of life products that make healthy living a game who’s prizes extend well beyond that of monetary value.

To download the flyer or for more information about John Hancock Vitality, Click Here.

John Hancock Vitality is not approved in every state. To check if John Hancock Vitality is approved in your state, Click Here.

Marketwatch.com recently released the results of a national study that was completed by LifePlans, Inc.  Surveys were conducted of 16,000 long-term care providers including nursing homes, assisted living facilities and home health care agencies across the country.  The annual average cost increased for each type of facility.  Average annual cost for a private room in a nursing home is $94,170 and $82,855 for a semi-private room.  The average cost for assisted living is $41,124 per year and $18,460 for adult day care.  At home care also increased and came in at $29,460 annually.

The study revealed that the cost of long term expenses has risen every year over the past five years.  Private and semi-private nursing home care expenses has risen 3.6 percent per year, assisted living facility expenses has risen 2.0 percent and adult day care expenses have risen 1.6 percent per year for the past 5 years.  Long-term care expenses continue to be one of  the most significant uninsured financial risk.

BOSTON, July 30, 2013 /PRNewswire via COMTEX/ — John Hancock Life Insurance Company (John Hancock) today announced the results of its biennial long-term care (LTC) cost study, which found that LTC costs have continued to increase for all provider options.

The study, conducted by LifePlans Inc., based in Waltham, MA, surveyed approximately 16,000 long-term care providers, including nursing homes, assisted living facilities, and home health care agencies, in key cities across the country. Its findings revealed that the average annual cost of care in the U.S. is $94,170 for a private room in a nursing home; $82,855 for a semi-private room in a nursing home; $41,124 for an assisted living facility and; $18,460 for adult day care. The average annual cost of care received at home was approximately $29,640.

To understand how long-term care costs are trending over time, John Hancock calculated a five-year average based on a subset of common providers from our 2008 and 2011 Cost of Care Surveys and our 2011 and 2013 Cost of Care Surveys. These five-year average annual increases are summarized below:

— The 2013 average cost of a private nursing home room ($258 a day/ $94,170 annually) has risen an average 3.6 percent per year

— The 2013 average cost of a semi-private nursing home room ($227 a day/ $82,855 annually) has risen an average 3.6 percent per year

— The 2013 average cost for a month in an assisted living facility ($3,427 a month/ $41,124 annually) has risen an average 2.0 percent per year

— The 2013 average cost of adult day care ($71 a day/$18,460 annually) has risen an average of 1.6 percent per year

— The 2013 average cost for a home health aide ($19 hourly/$29,640 annually) has risen an average 1.3 percent per year1

“The cost of long-term care continues to be one of the most significant uninsured financial risks that an individual can face,” said Michael Doughty, Executive Vice President & General Manager, John Hancock Insurance. “John Hancock hopes that our cost of care studies will raise consumer awareness and will help them understand how important planning ahead for a potential long-term care event can be to their future.”

John Hancock has also updated its interactive Cost of Care Map and Calculator to reflect the latest findings from its 2013 study. To view the Cost of Care map and calculator, please visit http://www.johnhancockltc.com/coc/. A free iPad app will be available for download from iTunes at the end of August. The John Hancock Cost of Care Calculator was designed to make LTC planning easier by providing a convenient way to view the average current local costs for long-term care in various settings and cities across the

United States, as well as the ability to estimate an individual’s care needs and potential costs of those needs many years in the future.

1. Home health aide costs are based on six hours of care per day, five days a week.

About the 2013 John Hancock Long-Term Care Cost of Care Survey

The John Hancock Cost of Care Survey was conducted by LifePlans, Inc. based in Waltham MA, in 2013 and released in June of 2013. The survey represents the costs of more than 16,000 providers across the U.S., including nursing homes, assisted living facilities, adult day care centers, and home care agencies. The five-year average trending results are based on a subset of common providers from our 2008 and 2011 Cost of Care Surveys and our 2011 and 2013 Cost of Care Surveys.

The study was conducted in hopes that individuals will understand the importance of planning for long-term care expenses.  With expenses continuing to rise every year planning for long-term care is more important now than ever before.