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Who did OPM initially contract with?

April 26, 2017contract initially OPM

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Who did OPM initially contract with?

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After the Long Term Care Security Act of 2000 s (PL 106-265) passage, the U.S. Office of Personnel Management (OPM) held a competitive bidding process, selecting a consortium formed by John Hancock and MetLife to offer the insurance under the Federal Long Term Care Insurance Program (FLTCIP). John Hancock and MetLife in turn formed Long Term Care Partners, LLC, a new company dedicated to administering the FLTCIP. Long Term Care Partners became a wholly-owned subsidiary of John Hancock on October 1, 2009.