John Hancock Entrusted To Run FLTCIP

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Long Term Care Insurance & Preventing Dementia

John Hancock Entrusted To Run FLTCIP

The Personnel Management office of the U.S. government has named John Hancock as the sole carrier for the Long Term Care Insurance Program which is the largest program that is sponsored by the employer in the United States. The program has to its credit over 224,000 persons enrolled to it that represents every branch of the federal government.

The contract entails Long Term Care Partners, LLC to administer the program and is directed by John Hancock. It needs mentioning here that Long Term Care Partners came into existence seven years ago to support the FLTCIP.

John Hancock Entrusted To Run FLTCIP

Marianne Harrison, who is the president of John Hancock Long Term Care Insurance said that it was an honor for John Hancock to be entrusted with the job of stewarding the landmark program for a second term of contract and they are ready to fulfilling the needs of federal employees as well as their families of their long term care insurance needs for a long time in future.

In 2002, as the federal government brought in the FLTCIP, the importance of private insurance to solve the growing long term care needs was felt. The OPM advised all the federal employees in taking personal responsibilities of planning all their long term care.

According to Harrison, the renewal for a second contract period of FLTCIP highlighted the continuous focus of the government on the issue of long term care that is facing United States.

Long Term Care Insurance Of John Hancock

John Hancock is among the largest LTC insurance providers in the country with over 1,000,000 L T C policyholders and $1.5 billion in-force L T C premium on insurance to its strength. The future claims with respect to L T C reserves of insurance that are held by John Hancock is to the tune of $9.4 billion and it has already paid insurance claims of $2.2 billion in LTC since it started its business in 1987.

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ASSET PROTECTION

Help protect your savings from the costs of care NOT COVERED
by traditional insurances or Government programs, like Medicare.
It helps you choose where you receive care and avoid the nursing home!

OVERWHELMING STATISTICS
  • 40% receiving long-term care are working-age adults, ages of 18-64.*
  • About 70% over age 65 will need long-term care services in their
    lifetime. By 2020, this number is expected to exceed 12 million.*
WHY US?

Financially strong A.M Best rated insurers with low complaint ratios related to claims will send you quotes directly and promptly. You may also have access to instant rate quotes, and side by side plan comparisons. The service is free, and comes with no obligation. Your privacy is our highest priority.

DISCOUNTS AVAILABLE

Sample Long-Term Care Insurance Savings Opportunities

Up to 30% Spousal/Partner Discount

Up to 15% Preferred Health Discount

Up to 5% Small Business Discount

* Discounts are not cumulative and vary by state.

Find Local Doctors & Most Popular Plans

Financially strong A.M Best rated insurers with low complaint ratios related to claims will send you quotes directly and promptly. You may also have access to instant rate quotes, and side by side plan comparisons. The service is free, and comes with no obligation. Your privacy is our highest priority.

PLUS, Receive 2 FREE Books -
Long Term Care Insurance & Preventing Dementia

John Hancock Entrusted To Run FLTCIP

The Personnel Management office of the U.S. government has named John Hancock as the sole carrier for the Long Term Care Insurance Program which is the largest program that is sponsored by the employer in the United States. The program has to its credit over 224,000 persons enrolled to it that represents every branch of the federal government.

The contract entails Long Term Care Partners, LLC to administer the program and is directed by John Hancock. It needs mentioning here that Long Term Care Partners came into existence seven years ago to support the FLTCIP.

John Hancock Entrusted To Run FLTCIP

Marianne Harrison, who is the president of John Hancock Long Term Care Insurance said that it was an honor for John Hancock to be entrusted with the job of stewarding the landmark program for a second term of contract and they are ready to fulfilling the needs of federal employees as well as their families of their long term care insurance needs for a long time in future.

In 2002, as the federal government brought in the FLTCIP, the importance of private insurance to solve the growing long term care needs was felt. The OPM advised all the federal employees in taking personal responsibilities of planning all their long term care.

According to Harrison, the renewal for a second contract period of FLTCIP highlighted the continuous focus of the government on the issue of long term care that is facing United States.

Long Term Care Insurance Of John Hancock

John Hancock is among the largest LTC insurance providers in the country with over 1,000,000 L T C policyholders and $1.5 billion in-force L T C premium on insurance to its strength. The future claims with respect to L T C reserves of insurance that are held by John Hancock is to the tune of $9.4 billion and it has already paid insurance claims of $2.2 billion in LTC since it started its business in 1987.

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    ASSET PROTECTION

    Help protect your savings from the costs of care NOT COVERED
    by traditional insurances or Government programs, like Medicare.
    It helps you choose where you receive care and avoid the nursing home!

    OVERWHELMING STATISTICS
    • 40% receiving long-term care are working-age adults, ages of 18-64.*
    • About 70% over age 65 will need long-term care services in their
      lifetime. By 2020, this number is expected to exceed 12 million.*
    WHY US?

    Financially strong A.M Best rated insurers with low complaint ratios related to claims will send you quotes directly and promptly. You may also have access to instant rate quotes, and side by side plan comparisons. The service is free, and comes with no obligation. Your privacy is our highest priority.

    DISCOUNTS AVAILABLE

    Sample Long-Term Care Insurance Savings Opportunities

    Up to 30% Spousal/Partner Discount

    Up to 15% Preferred Health Discount

    Up to 5% Small Business Discount

    * Discounts are not cumulative and vary by state.