Cover of: Long-term care insurance for federal employees | United States. Congress. House. Committee on Government Reform. Subcommittee on Civil Service.

Long-term care insurance for federal employees

hearing before the Subcommittee on the Civil Service of the Committee on Government Reform, House of Representatives, One Hundred Sixth Congress, first session, March 18, April 8, and June 14, 1999.
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U.S. G.P.O., For sale by the U.S. G.P.O., Supt. of Docs., Congressional Sales Office , Washington
Insurance, Long-term care -- Law and legislation -- United States, Civil service pensioners -- Medical care -- United S

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United St

Other titlesLong term care insurance for federal employees
Classifications
LC ClassificationsKF27 .G63 1999a
The Physical Object
Paginationiv, 378 p. :
ID Numbers
Open LibraryOL6821430M
ISBN 10016059961X
LC Control Number00301707
OCLC/WorldCa43532738

The Federal Long Term Care Insurance Program. No matter where you are in your career, consider the prospect of needing long term care, and how applying for long term care insurance coverage under the Federal Long Term Care Insurance Program (FLTCIP) may help.

The Federal Long Term Care Insurance Program (FLTCIP) If you cannot perform everyday tasks such as eating, dressing, and bathing because of a chronic illness, injury, disability, or aging.

Federal employees and retirees who participate in the Federal Long Term Care Insurance Program (FLTCIP) are in for some serious sticker shock. They pay the full cost of that insurance, and on Nov. The Long-Term Care Security Act (P.L. ) authorizes OPM to sponsor a long term care insurance program designed exclusively for members of the federal family.

Long-term care insurance for federal employees book OPM also regulates and manages theFile Size: KB. The FLTCIP Benefit Booklet is the governing contractual document for enrollees who have coverage under the FLTCIP group policy.

Download PDF. Program Overview. This brochure explains what long term care is and the value of long term care insurance. It also provides an overview of coverage under. I currently have federal long-term care insurance at the 5 percent ACIO. Since I am in my mids, I definitely intend to keep the policy, but the cost increase at.

The Federal Long Term Care Insurance Program (FLTCIP) provides insurance for several types of long-term care that people may need because they are unable to care for themselves — including nursing home care, assisted living facility care, formal and informal care in the home, hospice care, respite care and similar services.

Federal employees. Long term care is care that you need if you can no longer perform the everyday tasks of bathing, dressing, transferring, toileting, continence, and eating by yourself due to a chronic illness, injury, disability or the aging process.

Federal employees and retirees guidance. Federal employees and retirees who signed up for the Federal Long Term Care Insurance Program (FLTCIP) may experience a rise in their blood pressure over the next few weeks.

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On November 1, their premiums will increase. All GEHA members receive year-round discounts and benefits that will keep you and your family feeling great. ^ Incentives for members who complete healthy activities.

Vision Coverage. Get annual eye exams for $5 or less and discounts on eyewear. Teeth whitening. Save 20% as you whiten your teeth from the comfort of home. LONG-TERM CARE INSURANCE FOR FEDERAL EMPLOYEES [United States Congress Senate Committee] on *FREE* shipping on qualifying offers.

LONG-TERM CARE INSURANCE FOR FEDERAL EMPLOYEES. Inside this truly unique Long-Term Care (LTC) handbook, you’ll find everything you’ve ever wanted to know about LTC coverage, including an explanation of how LTC insurance really works, the costs and payment options, benefits, tax issues, options other than LTC coverage, things you should consider before choosing a policy, and how the Federal Long-Term Care Insurance.

Long-term Care Insurance For Federal Employees: Hearing Before The Committee On Government Reform, U.s. House Of Representatives: Medicine & Health Science Books @   Q. Regarding the Federal Long Term Care Insurance Program (FLTCIP), I had not thought about the lack of underwriting as a problem of being part of a pool of risky participants — at least for those of us who joined first.

Do you think this is any more of a risk than our health care plans. Is the difference the number of participants rather than their level of health concerns?Author: Mike Miles. In compliance with the Long-Term Care Security Act, the Office of Personnel Management (OPM) is issuing interim regulations that set forth rules for the administration of the Federal Long Term Care Insurance Program (FLTCIP).

DATES: Effective Date: February 4, Comment Date: Comments due on or before April 7, ADDRESSES. The American Federation of Government Employees (AFGE) is the largest federal employee union representingfederal and D.C.

government workers nationwide and overseas. If you or your spouse is a federal employee or active-duty service member, now is a particularly good time to look into the Federal Long Term Care Insurance Program, the nation’s largest group plan.

Last week, the federal government announced that premiums for nearly all of its existing long-term care insurance policies will increase—by an average of 83 percent.

In other words, they will Author: Howard Gleckman. WASHINGTON — Federal employees and retirees who participate in the Federal Long Term Care Insurance Program are in for some serious sticker shock. They pay the full cost of that insurance, and. The Federal Long-Term Care Insurance Program’s competitive pricing and benefits, combined with OPM’s advocacy for the interests of its constituents, make the program the best choice for many federal employees and annuitants.

It should be the starting point for your long-term care insurance shopping and : Mike Miles. Two Congressmen are asking the Office of Personnel Management for answers about why the premiums paid by federal employees in the Federal Long Term Care Insurance Program (FLTCIP) will be going up an average of 83% this fall.

“We write to express our concern about the extreme increase in premiums as part of the contract renewal for the FLTCIP,” wrote. Retirement benefits and insurance options for federal employees include your basic annuity, Social Security in many cases, Social Security Offset for certain FERS retirees, Medicare, Thrift Savings Plan withdrawals, and numerous insurance options that you can opt to carry into retirement.

Benefits & Insurance Menu. Federal employees and retirees who participate in the Federal Long Term Care Insurance Program have until Sept. 30 to decide whether to accept higher premiums that on. The realities of long term care. The need for long term care can arise from injury or illness at any age—the Federal Long Term Care Insurance Program offers protection and support when needed most.

Long term care is personal care and other related services provided on an extended basis to people who need help with specificFile Size: 1MB. long-term care insurance. “The federal program is raising awareness among a very large number of people about the need for long-term care insurance.” –Eileen Tell Vice president for product development with the Long Term Care Group, Inc.

5 Source: HIAA LTC Survey, FIGURE 2 Employers of All Sizes Are Offering Long-Term Care InsuranceFile Size: KB. Federal employees enrolled in the Federal Long Term Care Insurance Program got hit with an extreme case of sticker shock this week, when the Office of Personnel Management said that next year's Author: Carten Cordell.

Federal employees and retirees have until September 30 to decide whether to accept premiums on their long-term care insurance. Join Washington Post nationally syndicated personal finance columnist Michelle Singletary and financial planner Carolyn McClanahan for an online discussion about the upcoming deadline.

Like many other types of insurance, long-term care insurance policies have benefit limits, which cap the amount of money the insurance provider will pay toward covered services. In long-term care insurance, there are either daily or monthly benefit limits, as well as a maximum benefit period, which you select upon enrollment.

The federal government also provides long term care insurance for current and retired federal employees and their families. The program (the Federal Long Term Care Insurance Program – or FLTCIP) is currently underwritten by John Hancock and MetLife. However, as stated above, it is only available to federal employees and their families.

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Long Term Care Insurance: Removes your biggest retirement worry. Welcome to LTC Tree. Sincewe’ve been the number one source for objectively comparing all the blue-chip Long Term Care Insurance companies side-by-side. We provide Traditional as well as Hybrid Long Term Care Insurance quotes, rates, reviews, ratings and other cost information.

Individual long term care insurance policies often have more stable premiums. Forty-one states have have enacted a very strict “Rate Stability Regulation”. Unfortunately, people who participate in group long-term care policies, like the FLTCIP and CalPERS, are usually not protected by these Rate Stability Regulations.

For example, many federal employees live in Virginia.available in most long-term care insurance plans. The second section provides a general overview of the Federal Long-Term Care Insurance Program (FLTCIP), which is available for purchase by those in the “Federal family,” and is being administered by the U.S.

Description Long-term care insurance for federal employees EPUB

Office of Personnel Management (OPM). De(ining“LongTerm+Care”.The Federal Employees Almanac owes its accuracy and comprehensiveness to the hard work and invaluable contributions of some of the top experts in the federal benefits and employment field.

Media offers its special thanks to Reginald M. Jones, former direc­tor of retirement and insurance policy at the Office of Personnel Management, and.