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Still no action on long-term care price hikes from OPM

Several congressmen are asking OPM when it will have a plan to protect long-term care enrollees from sudden and dramatic premium increases.

By Marlene Y. Satter | Updated on June 23, 2017
Several congressmen are asking OPM when it will have a plan to protect long-term care enrollees from sudden and dramatic premium increases.(Photo: iStock)

The Office of Personnel Management is in the doghouse, not only with members of Congress but also with federal employees and retirees. The reason? Skyrocketing premiums for long-term care insurance.

According to a report in the Washington Post, there has yet to be any action by OPM toward stabilizing the LTC program for federal employees—despite the fact that members of Congress demanded to know what OPM was going to do about premium hikes of as much as 126 percent.

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