 The Federal Long Term Care Insurance Program (FLTCIP) is a long term care insurance program offered to Federal and U.S. Postal Service employees and annuitants,
active and retired members of the uniformed services, certain other eligible groups, and their qualified relatives. It was created by an act of Congress called the Long-Term Care Security
Act of 2000 (P.L. 106-265).
After the Act’s passage, the U.S. Office of Personnel Management (OPM) held a competitive bidding process, selecting a consortium formed by John Hancock Life Insurance Company (John Hancock) and Metropolitan Life Insurance Company (MetLife)
to offer the insurance under the program. John Hancock and MetLife in turn formed Long Term Care Partners, LLC, a new company dedicated to administering the FLTCIP. The FLTCIP launched its
Open Season on July 1, 2002 and concluded it on December 31, 2002.
The FLTCIP is the largest group long term care insurance program in the country, as well as the largest employer-sponsored long term care insurance program in the country,
with more than 216,000 enrollees. The plan is comprehensive and flexible, tailored to the needs of the Federal Family and is easily understandable with an array of built-in consumer protection
features.
To learn more
about the Federal Long Term Care Insurance Program, visit
the FLTCIP website,
www.LTCFEDS.com.
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