Many of our users have been wondering if the new Self Plus One option will save them money over the family option next year. FedSmith.com has put together an analysis of FEHB premiums to quickly compare the costs between the two options for the various plans in the FEHB to help you determine if you will save money with this new option.
After months of speculation and debate, the Centers for Medicare and Medicaid Services (CMS) has published the official rates for Medicare Part B premiums beginning in January 2016.
Expanded eligibility has been announced for applying for coverage under the Federal Long Term Care Insurance Program (FLTCIP). The change will be effective on November 30th.
Federal retirees who are also enrolled in Medicare part B will be glad to know that the budget deal put forth in the House includes language to protect them from a sharp increase in premiums.
Federal employee health insurance premiums in 2016 will see their largest increase in five years. Here is a summary and how those electing self plus one may fare next year.
The author lists five insurance options federal employees should consider when leaving federal employment, whether for retirement or for other reasons.
Health insurance premiums for 2016 may go up about 7% for 2016. But, for those in new self plus one option, costs may decrease about 6% according to a government estimate.