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Has the Federal Long Term Care Insurance Program (FLTCIP) ever had a premium increase?

April 26, 2017Federal fltcip increase Insurance Premium program term

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Has the Federal Long Term Care Insurance Program (FLTCIP) ever had a premium increase?

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Yes. Premiums increased for some enrollees in 2010, and affected enrollees had choices to avoid the increase. Effective March 1, 2010, premiums increased for FLTCIP 1.0 enrollees with the Automatic Compound Inflation Option whose age at purchase was 69 or younger and who chose to keep the same coverage they had. The amount of the increase depended on the persons age when the ACIO insurance was purchased: This premium increase did not affect FLTCIP 1.0 enrollees with the Future Purchase Option (FPO).