Open enrollment for the Federal Employees Health Benefits Plan is underway and runs from November 11 to December 9. The open enrollment period is the time during which federal employees, retirees and annuitants have to enroll, change or cancel their participation in a federal health plan.
To assist federal employees with this process, GovLoop recently released a guide, Guide to Open Season in Federal Government: A Step-By-Step Approach to Selecting Your Perfect Plan which aims at simplifying the complexity that sometimes goes with the process of choosing the right health plan.
The guide includes features such as:
- Insights based on a survey of more than 250 federal employees
- Interviews with Open Season subject matter experts, authors and human resource professionals
- Recommendations based on your unique state of life
- Resources and tools to assist your decision-making
- Definitions of common acronyms and terms used during Open Season
For those who just want the basics, it also offers a “cheat sheet” that provides the minimum information you will want to consider in your selection process.
Another resource available to assist federal employees with the open enrollment process is available at FedsDataCenter.com. It provides a searchable database of the health, dental and vision plans along with a breakout of the prices for each plan. Users can see the cost to the employee as well as the portion paid by the government for each health plan. The listing of health plans can be filtered by state, name of the plan in which you are most interested, or the type of plan (such as fee for service or health maintenance organization).
If you decide to change your health insurance among the plans available to you in your area, the open enrollment season is the time to do this. Even if you do not change policies, you should check out the premiums for your current health insurance policy under the FEHB so you know what your expenses will be for this employee benefit in 2014.