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“Feds pay steep price for long-term care company errors”

 

John Hancock got it wrong, and now federal employees and retirees are paying the price. A very high price.

 

Their cost for coverage in the Federal Long Term Care Insurance Program(FLTCIP) skyrocketed this year by an average of 83 percent, with some taking a 126 percent hit. Read more here.

 

 

Source: Davidson, Joe. “Feds pay steep price for long-term care company errors.” The Washington Post. 1 December 2016. https://www.washingtonpost.com/news/powerpost/wp/2016/12/01/feds-pay-steep-price-for-long-term-care-company-errors/?utm_term=.3340149f97d2.