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Comparing Federal Government John Hancock Long-Term Care

Federal government employees and retirees have an option for long-term care insurance. There are differences between the policy language and benefits between companies that offer Long-Term Care Insurance although the major benefit options are similar. However key differences do exist. It is important to know and understand the differences between the federal employee plan and the other major companies.

The Federal Long-Term Care Insurance plan is administered by John Hancock. Full underwriting is now required for all applications. You must be a current fulltime employee of the federal government or a retiree in order to apply. Like all long-term care insurance policies, the policy is guaranteed renewable for life. The policy may never be canceled unless you fail to pay the premium.

The federal plan only offers daily benefits to pay for care. Most companies offer monthly benefits which is important because of how care at home is administered. It also does not offer shared benefits for spouses/partners nor does it offer spousal discounts.

Features available with the federal government long-term care plan administered by John Hancock include:

  • Daily benefits from $50 to $450
  • Offers a benefit pool up to unlimited benefits
  • Multiple inflation options – 4% compound, 5% compound and future purchase option
  • 90-day elimination period

This plan has had multiple premium increases. They don’t have to ask any state insurance department for rate increase approvals. The policy is not a partnership certified plan.

Perhaps the biggest problem with this plan is the trigger for benefits. In addition to the requirement of your doctor certify you need help with two of six activities of daily living or supervision due to cognitive impairment the policy adds the words “and we agree”. This puts a federal gatekeeper approving a potential claim. 

The federal long-term care plan is NOT a partnership approved policy. You can learn more about the federal/state partnership program here:  

Companies have significant premium differences. Premiums are based on the amount of benefits you wish to have along with your AGE, HEALTH and specific discounts you might qualify for.

Underwriting criteria – which health conditions you have today that might be insurable will vary between companies. Matt McCann understands the underwriting guidelines for Federal Long-Term Care/John Hancock and all the major companies in order to match you with the best and most affordable option.

Discover the differences and compare. Matt, with his years of experience (since 1998) will help you determine if coverage is suitable for you if your health qualifies for coverage and then recommend appropriate benefits and options.

Features, benefits and additional options can vary from company to company. Some options like shared care benefits are options Matt McCann recommends often and other options might not be in your best interest. Substantial premium differences exist between this plan and others. This is why you should seek the assistance of a qualified Long-Term Care Specialist to compare features, benefits, and costs.

As a nationally recognized Long-Term Care specialist, Matt McCann works with all the major companies in the industry and can compare features and benefits as well as the costs between the plans. Plus, his claims assistance can help you design an appropriate plan which fits your needs and budget.


Long-Term Care Insurance is custom designed specific to you. Matt’s general philosophy is to design an affordable plan with the best company available (based on your current age and health) so you can take a catastrophic situation and make it manageable. The idea: Safeguard your retirement funds (401(k) IRA 403(b) while reducing the tremendous burdens that are placed on your family when you have an aging or health issue and need extended care.

State variations may apply.

Long-Term Care Insurance is Easy and Affordable Asset Protection. Most people are surprised how affordable a plan can be especially if you obtain coverage before you retire when you are in good health.