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FLTCIP

Congressmen Press OPM for Answers About FLTCIP Premium Increases

FedSmith.com author Ian SmithBy Ian SmithUpdated: June 30, 2017 12:09 PM Categories Pay & Benefits Leave a comment

Two Congressmen are asking OPM for details on what the agency plans to do to curtail future premium increases for FLTCIP enrollees.

OPM Renews BENEFEDS Contract

FedSmith.com author Ian SmithBy Ian SmithApril 13, 2017 12:06 PM Categories Pay & Benefits Leave a comment

OPM has renewed its contract with LTC Partners to have the company continue providing BENEFEDS services to federal employees.

FLTCIP Premium Increase Will Keep Funds Solvent Says Insurance Company

FedSmith.com author Ian SmithBy Ian SmithNovember 30, 2016 6:18 PM Categories Pay & Benefits Leave a comment

In testimony offered to Congress, John Hancock explained the need for the recent premium increases to the FLTCIP.

NARFE President Testifies on Federal Long Term Care Insurance Program Premium Increases

FedSmith.com author Michael WaldBy Michael WaldNovember 30, 2016 3:02 PM Categories Pay & Benefits Leave a comment

Many federal employees are facing steep hikes in their long term care insurance premiums. The National Active and Retired Federal Employees Association provided suggestions at a Congressional hearing for ways to address the situation.

John Hancock to Stop Selling Long Term Care Insurance

FedSmith.com author Michael WaldBy Michael WaldNovember 11, 2016 3:32 PM Categories Pay & Benefits Leave a comment
Doctor hand touching LONG TERM CARE sign on virtual screen

John Hancock Financial, the company that currently oversees the Federal Long Term Care Insurance Program, announced this week that it will no longer sell new long term care insurance policies.

Alternatives to Long-Term Care Insurance

By Ann VandersliceSeptember 29, 2016 11:08 AM Categories Pay & Benefits Leave a comment
Doctor hand touching LONG TERM CARE sign on virtual screen

Federal employees under FLTCIP are facing a big hike in long-term care premiums. The author suggests they stay calm and explore other options.

Lawmakers Ask OPM to Extend FLTCIP Enrollment Deadline

FedSmith.com author Ian SmithBy Ian SmithSeptember 23, 2016 3:51 PM Categories Pay & Benefits Leave a comment

Three Congressmen sent a letter to OPM requesting that the enrollment deadline for the Federal Long Term Care Insurance Program (FLTCIP) be extended so federal employees have more time to weigh their options in light of the steep premium increases they are facing.

Federal Employees and Retirees Face Hard Choices With Rising Premiums

FedSmith.com author Michael WaldBy Michael WaldUpdated: September 22, 2016 7:03 PM Categories Pay & Benefits, Retirement Leave a comment
Senior couple at the dining room table discussing medical and prescription costs

Federal employees and retirees will face a series of difficult decisions over the next month as they think about funding their benefit contributions in the midst of rising costs.

FERS 3-Legged Stool vs FERS Recliner: Where Will You Sit?

FedSmith.com author Tom WalkerBy Tom WalkerUpdated: August 27, 2016 8:24 AM Categories Retirement Leave a comment

The author outlines key components of the FERS system you will need to have a successful retirement.

House Committee Asks John Hancock Financial for Details on FLTCIP Premium Increases

FedSmith.com author Ian SmithBy Ian SmithUpdated: August 29, 2016 2:38 PM Categories Pay & Benefits Leave a comment
Long-term care insurance form and dollars

A House Committee has sent a letter to the president of John Hancock Financial Services asking for more information about the “significant FLTCIP premium increases and their effect on federal workers.”

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