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FEHB (Federal Employees Health Benefits)

OPM Lists FEHB Plans Terminating in 2024

October 30, 2023 My Federal Retirement

Enrollees in these terminating plans must make a positive election into another FEHB plan choice during open season or be automatically enrolled in the lowest-cost nationwide plan option… more…

USPS Issues Fact Sheets Regarding New Postal Service Health Benefits (PSHB) Program

April 25, 2023 My Federal Retirement

Effective Jan. 1, 2025, PSHB is a new, separate program within the Federal Employees Health Benefits (FEHB) program for postal service employees and retirees. Open season dates were also announced more…

The 5-Year Rule: Keeping Your Federal Health Benefits and Life Insurance After Retirement

February 27, 2023 My Federal Retirement

Don’t overlook these important rules when planning for federal retirement more…

FEHB Could Be Wasting $1 Billion Per Year, GAO Report Says

January 18, 2023 My Federal Retirement

The report indicates that due to a lack of information about the number of ineligible family members receiving payments, the Federal Employees Health Benefits program could be wasting nearly $1 billion each year more…

Spousal Survivor Annuitants Also Need to Make Decisions During Federal Benefits Open Season

November 29, 2022 Edward A. Zurndorfer, CERTIFIED FINANCIAL PLANNER®

Ed Zurndorfer outlines the decisions that spousal survivor annuitants can make with respect to their health, dental and vision insurance and flexible spending accounts during the current open season. more…

What Is a Health Reimbursement Account and Who Can Own One?

November 22, 2022 Edward A. Zurndorfer, CERTIFIED FINANCIAL PLANNER®

Some federal employees do not fulfill the requirements to contribute to an Health Savings Account (HSA). Ed Zurndorfer discusses how an alternative (the Health Reimbursement Account or HRA) works, the differences between an HRA and an HSA, and how those who have access to an HRA can utilize its tax-free withdrawals to pay qualified medical expenses more…

Questions to Ask When Choosing an FEHB Health Plan for 2023

November 10, 2022 Edward A. Zurndorfer, CERTIFIED FINANCIAL PLANNER®

There is more than just premium cost when choosing a health insurance plan. Ed Zurndorfer presents questions federal employees and retirees should be asking during the upcoming open season — including those planning to retire in the next 5-10 years more…

Federal Employee Health Benefits (FEHB) Program Health Plan Choices

November 4, 2022 Edward A. Zurndorfer, CERTIFIED FINANCIAL PLANNER®

To help federal employees and retirees make the right choice that best meets the medical needs at the least possible cost, Ed Zurndorfer outlines the different types of health insurance plans offered through the FEHB program more…

Some 2023 FEHB Plan Premiums Are Higher for Self Plus One Than Family Coverage

October 31, 2022 My Federal Retirement

FEHB premiums

OPM last week issued a list of FEHB plan choices where the enrollee share of premiums for the Self Plus One enrollment type is higher than for the Self and Family enrollment type for the 2023 plan year more…

Many Federal Employees Overlook Valuable Health Care Savings During Open Season, OPM Says

October 12, 2022 My Federal Retirement

The Office of Personnel management encourages federal employees to consider the tax savings available through the Federal Flexible Spending Account during the open season starting Nov. 14 more…

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Reviewing Designation of Beneficiaries and Third-Party Payees

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