Congressman Gerry Connolly (D-VA) wants to know why federal employees who

enrolled in the Federal Long-Term Care Insurance Program (FLTCIP) were led to

believe they would be protected from future premium increases if they enrolled

in the automatic compound inflation (ACI) option, but now they are facing

increases of 5 to 25 percent because OPM said inaccurate actuarial assumptions

were made.

Congressman Connolly wrote a letter to House Oversight and Government Reform

Federal Workforce Subcommittee Chairman Stephen Lynch requesting that the

subcommittee hold a hearing to investigate ways to better protect the interests

of federal employees who have been misled, either by OPM or by the John Hancock

Insurance Co., about the premiums for their Federal Long Term Care

Insurance.  Connolly is a member of the subcommittee.

Connolly said that more than 144,000 federal employees enrolled in the ACI

option could face premium increases of 5 to 25 percent because of the inaccurate

actuarial assumptions and he wants to find out what happened and make sure it

doesn't happen again.

Connolly said on November 13 that the long-term care program has received

another black eye.  href="http://www.myfederalretirement.com/public/530.cfm">It was reported

that the insurance company that runs the plan for federal employees and retirees

sent out erroneous letters on the plan's premiums and benefits to tens of

thousands of participants.