TRICARE beneficiaries who get their drugs through home delivery or through a retail pharmacy will pay anywhere from $1 to $8 more in copayments starting in 2022.
Next year's premium rate increases under the Federal Employees Health Benefits Program (FEHBP) are on the modest side, at least compared to recent years. But the pandemic continues to make the business of predicting future trends difficult, to say the least.
When the COVID pandemic hit, many predicted that premiums in the giant federal employee health benefits program would skyrocket.
Employees and retirees enrolled in the Federal Employees Health Benefits Program (FEHBP) will pay, on average, 3.8% more toward their premiums in 2022. The Office of Personnel Management announced FEHBP premium rates ahead of the upcoming open season, which runs Nov. 8 through Dec. 13.
Some troops could get as much as a 20% hike. The benefits would last from Oct. 1 to the end of the year.
The government shutdown deadline is right around the corner. The good news? Congress has learned a few things from the last shutdown, bringing the tiniest bit of certainty to feds with their back pay and health insurance the next time it happens again.
Currently, most feds in retirement left under the CSRS program so they get full COLAs. But the overwhelming majority of people working for Uncle Sam now are under the FERS program.
For somebody with a long retirement horizon ahead of them, deferring Social Security until age 70 could boost their benefit 68%. Tough call. But one worth considering very carefully.
If the 2022 mid-term elections are as energized as some experts predict, it could produce a Congress that might repeal or modify two 1980s laws.
If they made a movie about a government janitor who legally became a millionaire, would you see it? Would you believe it?
While some welcome regular reports on the TSP and its stakeholders, many are concerned that Congress may take issue with the idea of millionaire bureaucrats.
Once again, there are dueling agendas to eliminate or offset the Windfall Elimination Provision, a pesky nuance that reduces Social Security benefits for some federal retirees.
Some military families may not be eligible for SNAP because of the housing allowance they receive.
Should you treat Social Security like insurance or like an investment? Your answer may affect how much money you collect.
DoD's Transition Assistance Program aims to prepare service members for life outside the military. But for members whose final duty station is small or rural, the benefits of TAP are fairly limited.