"...The Office of Personnel Management has extended the Federal Long Term Care Insurance Program (FLTCIP) contract with the John Hancock Life and Health Insurance Co. for seven years.
Under the new contract, a rate increase will be needed for many current enrollees because the current FLTCIP premiums are not sufficient to meet the program’s future projected obligations.
Each affected enrollee will receive a package that will include an introductory letter, a return envelope, an informational brochure and a benefit options worksheet with detailed information about the enrollee’s current coverage and options to change coverage.
These packages were mailed in mid-September.
The deadline for enrollees to submit a selection is Nov. 9.
...The decision period is for affected FLTCIP enrollees only. This is is not a general open season because in December, the Office of Personnel Management suspended new applications for FLTCIP coverage for two years."
This Article is From: usps.com
