Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why did OPM solicit bids for the Federal Long Term Care Insurance Program (FLTCIP) contract?

April 26, 2017bids contract Federal fltcip Insurance OPM program solicit term

0

Posted

Why did OPM solicit bids for the Federal Long Term Care Insurance Program (FLTCIP) contract?

1 Answer

0

Posted

By law, the term of the FLTCIP contract is seven years. On May 1, 2009, OPM awarded the second seven-year Federal Long Term Care Insurance Program contract to John Hancock Life & Health Insurance Company.