There are still several factors to consider for those weighing whether to buy Federal Long Term Care Insurance Program coverage before or after retirement.

First, any delay in purchasing the coverage means paying higher premiums, since premiums are set for life at the age of purchase.

Second, parents of active employees are eligible to enroll but parents of retirees aren’t. Thus, an employee who might want to get his or her parents enrolled in the FLTCIP would have to make sure they had their coverage effective before he or she separates for retirement.

Third, the widow(er) of a federal annuitant who did not elect a survivor annuity is not eligible to enroll after the annuitant’s death (although if the survivor had previously enrolled the coverage would continue as long as premiums were paid). In order for a surviving spouse of a federal employee or a surviving spouse of a federal annuitant to be eligible to apply for this insurance, he/she must be eligible for a federal survivor annuity.