Federal Long Term Care Insurance Program options

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Q. Where can I get information about the options to offset the huge increase from $267.73 to $605.07? What are the end results regarding coverage changes for the possible options?

A. Visit www.ltcfeds.com for information, but you’ll have to contact customer service to request quotes for alternative benefit configurations. From my experience, they will readily quote various options to reduce your premium.

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Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to fedexperts@federaltimes.com and view his blog at money.federaltimes.com.

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