NU Online News Service, March 28, 12:41 p.m. – Ed Neveleff, a Gaithersburg, Md., long-term care insurance agent, has issued a press release questioning the competitiveness of the federal long-term care insurance program with private sector policies.

Neveleff says the pricing of the federal plan is most competitive for people older than 65 and those with significant health problems.

Reasonably healthy people younger than 65 can probably find more competitive coverage privately, Neveleff says.

But the federal program, offered through Long Term Care Partners L.L.C., a joint venture formed by John Hancock Financial Services Inc., Boston, and MetLife Inc., New York, is a positive development for the long-term care insurance industry, because it will heighten public awareness of the product, Neveleff says.