Postal Service Health Benefits and the FEHBP

From reader: Have you listened to this?  Postal Service Health Benefits and the FEHBP All postal retirees and future postal retirees should.  If the Postal Service Reform Act (H.R. 5714) passes, a retired postal couple would be hit with an extra $4,000 per year in health insurance premiums for Medicare Part B and Part […]

Postal Employees will pay average of 11.7 percent more for health insurance premiums

Washington, DC – The U.S. Office of Personnel Management (OPM) announced today that premiums for the 2017 Federal Employees Health Benefits (FEHB) Program will rise by an average of 4.4 percent. The FEHB rate increase is below projected increases for the national large group market. The FEHB Open Season, which begins November 14th and runs […]

OPM seeks auto-enrollment of some federal employees, retirees into Health Care Program

OPM seeks auto-enrollment of federal employees, retirees failing to make an enrollment election in Federal Employees Health Plan (FEHB) during a certain time frame. 1.7.15 – Federal Register Federal Employees Health Benefits Program: Enrollment Options Following the Termination of a Plan or Plan Option The U.S. Office of Personnel Management (OPM) is issuing a proposed […]

PRC seeking input on defining USPS’ other public services or activities

From the Postal Regulatory Commission: Washington, DC – The Postal Regulatory Commission has established Docket No. PI2014-1, to invite public comments on the meaning of “other public services or activities” by the Postal Service under 39 U.S.C.3651(b)(1)(C) for cost reporting in its Annual Report to the President and Congress. In its Annual Report, the Commission […]

NAPUS: Obama FY 2015 Budget includes several USPS related proposals

From the National Association of Postmasters of the United States (NAPUS) Today, President Obama unveiled his Fiscal Year 2015 Budget and it includes a number of proposals that relate to the Postal Service. Refund the Postal Service the projected Federal Employees Retirement System overpayment of $5 billion, over a 2-year period Recalculate the USPS retiree […]

OPM seeks to expand enrollment opportunities for Federal/Postal Employees benefits, insurance

The Office of Personnel Management wants to expand the opportunities for eligible federal employees and their families to change their enrollment in the Federal Employee Dental and Vision Insurance Program (FEDVIP). OPM proposed making these changes to bring FEDVIP inline with the Federal Employees Health Benefits Program (FEHBP). “OPM is proposing to expand enrollment opportunities […]

Issa Introduces Equal Healthcare Access Act

From Federal News Radio: Issa bill would open FEHBP to all Americans, but at what cost? Ed Zurndorfer, a registered employee benefit consultant and a licensed insurance agent, said federal employees would be the big losers in this legislation. “When you add more people to the potential pool of enrollees in the plan, the greater […]

GAO: USPS Health and Pension Benefits Proposals Involve Trade-offs

Key Elements of the Proposed U.S. Postal Service Health Care Plan: Element: 100% participation of eligible retirees in Medicare Parts A and B; Description: The U.S. Postal Service’s (USPS) plan is designed so that all Medicare-eligible retirees would enroll in Medicare Parts A and B. Those who do not enroll would have their benefits reduced […]

OPM Announces 2014 Federal Employees Health Benefits Program Premium Rates

Washington, DC – The U.S. Office of Personnel Management (OPM) has announced the average premium rate for the 8.2 million people covered by the Federal Employees Health Benefits (FEHB) Program will increase by 3.7 percent in 2014.  That percentage is only slightly higher than last year’s increase of 3.4 percent and less than the national […]