"the new Postal Service Health Benefits Program in the fall, the Office of Personnel Management debuted a list of insurance companies who applied to offer coverage for 1.9 million employees, retirees and dependants next year.
A total of 32 plans received conditional approval to participate in the program, which will cover about 20% of beneficiaries currently enrolled in the governmentwide Federal Employees Health Benefit program. ...Feds who don’t make an election won’t lose coverage; they’ll just be automatically added to the cheapest, nationwide, non-high deductible plan." Source: www.federaltimes.com
"The postal-only health insurance marketplace comes with its own unique specifications that don’t apply to federal employees under FEHB. The Postal System Reform Act requires all future postal retirees to enroll in Medicare Part B, in an effort to save USPS tens of billions of dollars over the coming years.
“So [they’re] totally different requirements than the current Federal Employee Health Benefits system. That means our system is going to have to double-check and make sure that they enrolled in Medicare and that they’re eligible,” Cavallo said. ...the requirement for nearly all future postal retirees to enroll in Medicare requires OPM to build certain unique features into the PSHB system that aren’t built into its infrastructure for FEHB. ..." Source: federalnewsnetwork.com
"...Enrollment in a PSHB plan will not disrupt enrollment in other insurance and benefits programs, including:
Federal Employees Dental and Vision Insurance Program (FEDVIP)
Federal Flexible Spending Account Program (FSAFEDS)
Federal Employees' Group Life Insurance (FEGLI), or
Federal Long Term Care Insurance Program (FLTCIP)
"The federal health care enrollment period is months away, but you can start preparing now. ..." Click Here To Read More Sourc...
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