If staffers in the U.S. Senate show a little more interest in long-term care insurance (LTCI) issues this year, that could because their own benefits office has helped educate them about the topic.
Nancy Erickson, the secretary of the Senate, talked about that legislative body’s efforts to provide a voluntary LTCI benefits program for Senate employees earlier this month during a Senate Appropriations legislative subcommittee hearing on the fiscal year 2013 budget request filed by the secretary of the Senate.
Federal fiscal year 2013 starts Oct. 1.
Like federal executive branch employees, Senate employees can participate in the Federal Long Term Care Insurance Program (FLTCIP).
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Costs have been higher than organizers originally expected. Managers raised rates in 2009 and reorganized the program.