About Us
The Federal Long Term Care Insurance Program (FLTCIP) is a voluntary program established for federal civilians, uniformed service members, and certain qualified family members. It was created by an act of Congress, the Long Term Care Security Act of 2000, to serve an unmet health care need and currently provides coverage for more than 260,000 enrollees.
The FLTCIP is sponsored by the U.S. Office of Personnel Management (OPM), insured by John Hancock Life & Health Insurance Company, and administered by Long Term Care Partners, LLC (LTCP).
OPM
The chief human resources agency for the federal government responsible for the oversight of its benefits and insurance programs, OPM is the sponsor and regulator of the FLTCIP, acting as a voice for the federal family.
John Hancock
One of the largest U.S. life insurers, John Hancock offers a broad range of financial products and has a proven track record of financial strength and stability.
LTCP
A wholly owned subsidiary of John Hancock Life & Health Insurance Company, Long Term Care Partners, LLC (LTCP) has administered the FLTCIP since its inception.
Financial strength ratings
John Hancock Life & Health Insurance Company's financial strength ratings:
A+
- A.M. Best -
AA-
- Fitch -
A1
- Moody's -
AA-
- S&P -
Manulife. "Ratings," https://www.manulife.com/en/investors/ratings.html (as of December 31, 2023).
Our history
Congress passes the Long Term Care Security Act of 2000
OPM awards the first 7-year contract to John Hancock and MetLife, and Long Term Care Partners is formed.
OPM introduces the FLTCIP to the federal family
The first open season is held with 187,000+ enrollees.
OPM awards the second FLTCIP contract to John Hancock as the sole insurer
The second open season is held in 2011 with 45,000+ enrollees.
OPM awards the third FLTCIP contract to John Hancock
OPM extends the FLTCIP contract with John Hancock for another 7-year term.