Federal Long Term Care Insurance Program (FLTCIP)
Most Federal and U.S. Postal Service employees and annuitants, active and retired members of the uniformed services, and their qualified relatives are eligible to apply for insurance coverage under the FLTCIP.
Keeping this in view, who is not eligible for coverage under the Federal Long Term Care Insurance Program?
Parents, parents-in-law, and stepparents of living eligible employees; parents of retirees are not eligible.
Correspondingly, is Federal Long Term Care worth it? The short answer is it really depends on your income level. Long term care policies have quite expensive premium costs, making them unappealing to medicaid qualifying individuals (who may have a subsidized cost of care), and financially inefficient for those wealthy enough to self insure.
Beside this, when can I sign up for federal long term care insurance?
* When can I apply? Newly hired eligible employees, newly eligible employees and their spouses, and newly married spouses of eligible employees can apply for long term care insurance using the abbreviated underwriting application (fewer questions about health) within 60 days of becoming eligible.