It May Never Be Easier to Apply to the FLTCIP
Responsible Claims Handling Is a Hallmark of the FLTCIP
It's Always a Good Time to Apply to the FLTCIP
Long term care is not just for the elderly! Think you're too young?
Nearly 41% of long term care is provided to people under age 65."
- Georgetown University Long-Term
Care Financing Project,
Long-Term Care Financing:
Policy Options for the Future,
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 (Public Law 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 and MetLife to offer the insurance under the FTLCIP for the first seven-year contract term. John Hancock and MetLife in turn formed Long Term Care Partners, LLC, a new company dedicated to administering the FLTCIP.
In May 2009, OPM selected John Hancock as the insurer for the FLTCIP's second seven-year contract term. On October 1, 2009, John Hancock became the sole insurer and Long Term Care Partners became a wholly-owned subsidiary of John Hancock.
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 nearly 270,000 enrollees (269,897 as of October 30, 2012). The plan is comprehensive and flexible, tailored to the needs of the Federal family and offers an array of built-in consumer protection features.