Houston Physical Therapy Execs convicted of $9.6 million in false, fraudulent OWCP claims for postal workers

CEO, CFO and VP Convicted in Nationwide Worker’s Compensation Fraud Scheme HOUSTON – Several officials with Team Work Ready (TWR) have been convicted of conspiracy, health care fraud, wire fraud and money laundering, announced U.S. Attorney Kenneth Magidson. TWR had clinics in five states including Federal Work Ready in Houston, Alamo Work Ready in San […]

Postal employees’ health premiums will go up significantly more in 2015

Federal employees and retirees will pay an average of 3.8 percent more toward their health insurance premiums in 2015, the Office of Personnel Management announced Tuesday. Federal Employees Health Benefits Program enrollees with self-only coverage will contribute an average of $2.93 more per paycheck, while those with family coverage will pay about $6.89 more. The […]

Congressional Budget Office: Postal Reform Would Save USPS $23.6 Billion

$19 billion of those savings would result from moves to five-day delivery and cluster boxes, says the Congressional Budget Office. The Congressional Budget Office (CBO) has released a financial analysis of the House Postal Reform Act (H.R. 2748) that estimates that, if passed, it would return $23.6 billion in savings to the troubled U.S. Postal […]

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 […]