Reps. Don Beyer and Gerry Connolly (D-Va.) haven’t forgotten about rising premium rates to the Federal Long Term Care Program, and they certainly haven’t forgotten about the Office of Personnel Management’s response when asked what the agency planned to do about rising costs.
Host Bob Leins welcomes Bob Braunstein, Federal Benefits Specialist to discuss changes as well as provide planning opportunities for you in 2017.
February 27, 2017
Attorney Tom O’Rourke joins host Mike Causey on this week’s Your Turn to answer your estate planning questions. December 28, 2016
John Hancock Life & Health Insurance Company, OPM’s provider for the Federal Long Term Care Program, said “a confluence of factors” led to the sudden and drastic increases in premiums for 2017.
The election may be over, but federal employees still face uncertainty on a number of key issues, not least of which is how the government will be funded.
Most Federal Long Term Care Program policyholders chose to accept higher premiums or took advantage of special benefit reduction options during this summer’s enrollee decision period. Premiums rose for about 264,000 active and retired federal employees by as much as 126 percent.
Senior Correspondent Mike Causey asks, do you dread making a decision about two very important federal benefits open seasons?
Federal workers have until close of business Friday to make two major financial decisions that Senior Correspondent Mike Causey says could change their lives.
Are you still in sticker shock over the new federal long-term care premiums? Senior Correspondent Mike Causey says help is on the way.
What, if any, changes should you make to your coverage in the federal long term care insurance program? Paul Forte and Joan Melanson with Long Term Care Partners will answer that question and explain the long-term care insurance dilemma when they join host Mike Causey on this week’s Your Turn radio show. September 21, 2016
If you are a federal worker facing that 83 percent increase in long-term care insurance premiums, Senior Correspondent Mike Causey says there is a way out.
John Grobe, author of “The Answer Book on Your Federal Employee Benefits”, joins host Mike Causey to discuss what feds should consider when making decisions about their group life insurance packages. September 14, 2016
Federal long-term care premiums are going up an average of $111 per month. Senior Correspondent Mike Causey asks if you can afford not to pay it.
Congress will hold hearings on the 83 percent premium increase in federal long term care insurance premiums. Senior Correspondent Mike Causey asks ‘and then what?’
A little more than a month after the Office of Personnel Management dropped its long-term-care bombshell, the House Oversight and Government Reform Committee is asking where exactly that bomb came from.