How to Save Money On Your Federal Health Insurance
Here are tips from an expert on the federal employee health insurance program (FEHB) on how federal employees can save money by learning more about the program.
FEHB
Articles in this section are dedicated to the Federal Employees Health Benefits Program (FEHB). As a hub for valuable information, this collection of articles delves into the various aspects of the FEHB, offering insights, guidance, and essential details for federal employees navigating their health benefits.
Our assortment of articles covers a wide spectrum, from an overview of the FEHB to in-depth analyses of specific plan options as well as FEHB premiums and information related to the annual open season run by the Office of Personnel Management. If you’re a federal employee looking to make informed decisions about your healthcare coverage, this category is your go-to resource.
Which is Better to Put in Place for My Wife: Survivor Benefit or Guaranteed Life Insurance?
Do I take a full survivor benefit for my wife which I estimate will be $226.00 that is deducted from my monthly retirement, or do I take some kind of guaranteed life insurance that would guarantee her an income should I pass before her?
Will the Self Plus One Option Save You Money Next Year?
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.
The FEHB Five Year Requirement and Your Spouse
In this follow up to his article on the FEHB and the five year requirement, FedSmith.com author John Grobe provides clarification based on questions he received from readers asking if the five year requirement also applies to a federal employee’s spouse.
Comparing Self Plus One and Self Plus Family Annuitant Rules
Are you considering enrolling in the new Self Plus One option under the Federal Employees Health Benefits Program this open season? New guidance from the Office of Personnel Management outlines the differences in annuitant rules between the Self Plus One and Self Plus Family coverage options.
Retiring in 2015? Be Careful During Open Season
Are you a federal employee covered under FEHB and planning to retire at the end of 2015? If so, this new memo from the Office of Personnel Management has some important information you will want to know about.
Health Insurance Plans Leaving the FEHB
Has your health insurance company dropped out of the federal program or changed in some other way that will require you to take action during the upcoming open season? Here is a listing of the plans that have dropped out and a few other changes that will impact some FEHB participants.
Benefits for Children of Same-Sex Domestic Partners
As a result of a Supreme Court decision issued in June that allows same-sex couples to marry in all states, OPM notes that agencies are no longer allowed to add children of same-sex domestic partners to FEHB enrollments.
Health Insurance Premiums Up in 2016: What Will You Pay for Self Plus One Coverage?
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.
Winners and Losers Under New Health Insurance Premium Options
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.
