Tag: Insurance

New Plans Entering the FEHB Program

By on October 20, 2015 in Pay & Benefits with 0 Comments

Some federal employees and retirees will have new health insurance options in 2016. Here is a listing of the new plans available for enrollment in the FEHB during the upcoming open season.

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Health Insurance Plans Leaving the FEHB

By on October 19, 2015 in Pay & Benefits with 0 Comments
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.

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Your COLA Increase in 2016 Will Be: Zero

By on October 12, 2015 in Pay & Benefits, Retirement with 0 Comments
Your COLA Increase in 2016 Will Be: Zero

It isn’t official yet, but there will not be a cost of living adjustment in 2016. Adjust your budget accordingly.

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OPM Announces New "Limited Enrollment Period" for Self Plus One Enrollment

By on September 21, 2015 in Pay & Benefits with 0 Comments
OPM Announces New "Limited Enrollment Period" for Self Plus One Enrollment

In addition to the regular open season, OPM has announced a limited enrollment period for enrolling in the new self plus one program (with restrictions).

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FEHB and the Five Year Requirement

By on August 25, 2015 in Pay & Benefits with 0 Comments

Most federal employees are aware that, in order to carry your FEHB into retirement, you have to have been enrolled for the five-year period immediately preceding retirement (with few exceptions). There is generally a great advantage in being able to carry your FEHB into retirement, but there are some things to keep in mind in order to be able to do this.

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How to Maximize Your Federal Benefits for Your Family After Your Death

The issue of our own mortality is not one we like to think about or discuss with our loved ones. However, it is necessary for proper planning for the future, especially when it comes to matters of personal finance. The author discusses how to maximize some of your most important benefits as a federal employee in the event of your death.

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Federal Long Term Care Insurance Rates Going Up for New Enrollees

By on August 5, 2015 in Pay & Benefits with 0 Comments
Federal Long Term Care Insurance Rates Going Up for New Enrollees

Premium rates for new subscribers to the federal long term health care insurance just went up.

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FAQs on New Self Plus One Insurance Option

By on May 21, 2015 in Current Events with 0 Comments
FAQs on New Self Plus One Insurance Option

The Office of Personnel Management has provided a list of frequently asked questions regarding the new self plus one insurance option under the Federal Employees Health Benefits Program.

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Can I Do an MRA +10 Without a Reduced Benefit?

By on February 5, 2015 in Q&A, Retirement with 0 Comments

I am looking to do MRA +10. Can I do it without a reduced benefit and keep my health insurance benefits?

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Self Plus One Health Insurance: Will Your Insurance Costs Go Up or Down?

By on December 3, 2014 in Pay & Benefits with 0 Comments

The self plus one option under the federal health insurance program will be available during the open season in 2015. It will likely benefit many in the program but some federal employees are likely to have higher premiums in 2016 as a result of the change.

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