Long Term Care Insurance
About the Federal Long-Term Care Insurance Program
In 2000, the US Congress passed the Long-Term Care Security Act, which requires the federal government to offer Long-Term Care Insurance to federal employees and their family members. The Office of Personnel Management connected with Long-Term Care Partners LLC to create the Federal Long Term Care Insurance Program, which became available in February 2002 for enrollment. John Hancock Insurance Company provides the insurance. (1.)
There are about 20 million people who are eligible to apply for the federal Long-Term Care Insurance pogrom, these people include Federal and Postal employees and annuitants, active and retired members of the uniformed services, active members of the Selected Reserve, and a few others.
Today the Federal Long Term Care Insurance Program is the largest employer-sponsored Long Term Care Insurance program in the US with over 224,000 enrollees. (1.)
To learn more about Federal Long-Term Care Insurance Program visit their official website at www.ltcfed.com or www.opm.gov.
Source:
1. www.ltcfeds.com
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