Special Considerations in LTC Enrollment

Those interested in the Federal Long Term Care Insurance Program-the early enrollment period runs through May 15 and the formal open season runs July 1-December 31-have special considerations to bear in mind in case of career or life changes during the period between when they apply for coverage and when it becomes effective, the Office of Personnel Management has warned. The effective date in most cases is the first of the month after an application is approved–not after it is submitted. “Generally, if you leave the eligible group during this time period, your insurance will not become effective,” OPM says.