OPM Renews BENEFEDS Contract
OPM has renewed its contract with LTC Partners to have the company continue providing BENEFEDS services to federal employees.
FLTCIP
FLTCIP Premium Increase Will Keep Funds Solvent Says Insurance Company
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
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
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
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
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
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?
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
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.”
Two More Senators Join the Growing Outrage Over FLTCIP Premiums
Two more lawmakers are calling for action to address the sharp increase announced for federal employees who participate in the Federal Long Term Care Insurance Program.
