GAO: What’s Behind Increase In Federal Workers’ Long-Term Care Coverage
Modern Healthcare: Study Probes Reasons For Spike In Federal Workers' Long-Term-Care CoverageA large and unexpected premium increase in federal employees' long-term-care insurance two years ago stemmed from higher-than-expected enrollee coverage retention, longer life expectancies and additional claim submissions, according to the Government Accountability Office. The report, requested by a bipartisan group of members of Congress, was intended to pin down the reasons behind a 2009 premium increase, in which 66 percent of enrollees saw premiums rise 25 percent (Daly, 8/10). This is part of the Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.