Gov Career

By Phil Piemonte

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You've been putting it off, but…

You don’t want to think about it, talk about it or pay for it. But now might be the time to do so.

That’s right, it’s long-term care insurance. And the open season for the Federal Long Term Care Insurance Program is now, with a close date of June 24.

LTC insurance has been on my mind around here as well — partially because I follow federal benefits but also because I'm looking for some sort of LTC insurance myself.

It doesn’t get any cheaper as you go along, so the sooner you decide to get it — and then actually buy some — the better off you’ll be in the long term.

There are plenty of places to look for info before deciding to contact the insurance guy or gal. One of the best sources is located at

We’re going to do it this time. Really.

Posted by Phil Piemonte on Apr 15, 2011 at 4:02 PM

Reader comments

Mon, Jun 20, 2011

I originally bought fed LTC insurance with inflation rider. Then the next year the new administration changed the terms and my bi-weekly costs went up by $25 with no change in benefits. I didn't understand that this so-called contract was subject to political whims. Because of my health and age I'm not sure I can do better in private sector but its something everyone should look at. With a fed policy, I guess the terms could change with every election.

Tue, Apr 19, 2011

This is a good idea but is way too expensive. My sister had a LTC plan from her work that only cost her $40 a month with excellent coverage. You'd think, since the government is such a large employer, we could get better rates. That goes for health insurance too.

Mon, Apr 18, 2011

The FLTCIP is a great opportunity for some people and the salary deduction is definitely convenient. But, every one who is healthy, or a nonsmoker, or married who can pass underwriting -- that's most folks -- will almost always get a better deal by working with an independent insurance agent who represents many companies. At the least, get a quote before you sign up!

Mon, Apr 18, 2011

Long term care insurance in this case appears to be no more than an AFLAC- like scam. This stuff is incredibly overpriced for what I would end up with, and completely assumes that by the time I am old and ill there will be no Social Security or Medicare- neither of which I am ready to just voluntarily hand over. Those money pots may be the latest under attack by big private business but that doesn't mean they will end up with them. As far as I'm concerned there is nothing affordable about this insurance- especially considering I might be dead before I could even use it.

Mon, Apr 18, 2011 Jeff

I'm paralyzed from my shoulders down. I was so before joining The Federal Government. I'm not eligible for this program, but I sure wish I was. It can happen to you.

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