Ensuring that federal employees have long term health care insurance. OPM will continue to work with Congress to fulfill the Administration's commitment to long term care insurance program for federal employees, annuitants, and their families. This benefit would help individuals meet increasingly expensive costs associated with long term care needs not covered by traditional health insurance. We would make this coverage available to federal employees and retirees at group rates with premiums expected to be 15 to 20 percent lower than available individual rates. Pursuing governmentwide Buyout Authority to achieve further efficiencies .
Buyouts are an effective tool to help agencies with their downsizing and restructuring efforts.