Before health premium rates increase by an average of 8.7% in 2023, some health care experts tell FEHB enrollees to double-check their plans during open season, which runs Nov. 14 through Dec. 12.
On average, enrollees in the Federal Employees Health Benefits Program (FEHBP) will pay 8.7% more toward their 2023 premiums, the Office of Personnel Management announced prior to the upcoming open season, which runs Nov. 14 through Dec. 12.
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FEHBP carriers, new and old ones, have until May 31 to submit to the Office of Personnel Management their benefit and rate proposals.
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To be eligeble for the Federal Employees Health Benefits Program in retirement, you must have been enrolled for at least five years before leaving your job.
Good news: All of the FEHBP plans are good. Bad news: Some, for you, are a lot better and less expensive than others.
Federal workers, retirees or their survivors have 12 more days to pick the health plan that will cover them and their families next year.
This open season, it's more important than ever that you shop around. If you’ve been in the same plan for 3-to-5 years, it may not be your best buy.
Come Jan. 1, health insurance plans must treat emergency services performed out-of-network as if they were done in-network. The new rules apply to almost all major public and private health insurance plans, including the Federal Employees Health Benefits Program.
Do a little shopping now and save a bundle next year. And maybe get even better coverage.
With 30-plus plans to choose from, many working feds and retirees go into shutdown mode and do nothing during the annual health insurance open season. This year it ends on Dec. 13. But that won’t help if you don’t shop around. Inertia is easy.
The FEHB open season runs through Dec. 13. so there is still plenty of time to compare plans, in addition to your current carrier, and compare their premiums, benefits, drug coverage and physician network.
This Federal Employees Health Benefits Program Open Season, doing some shopping could save you big. And there are resources you can turn to help you make your decision.