FEHB OPM Health Care Rates 2014

Happy Open Season, everyone!

OPM announced its Federal Employee Health Benefit (FEHB) rate hikes for 2016 FEHB Open Season.

OPM states that the average rate hike is 6.4 percent, which does not sound that bad.

…But the real news is not quite this good- Since none of the ‘averages’ are participation-weighted (that is, they pay no attention to what FEHB plans Feds actually select), the averages provided by OPM, GovExec, and FedTimes are essentially useless.

I’ll give you the only statistic that matters here, the one that applies to 40 percent of Feds. Continue reading


FEHB OPM Health Care Rates 2014

Happy Open Season, everyone!

OPM announced its Federal Employee Health Benefit (FEHB) rate hikes for 2015 FEHB Open Season.

OPM states that the average rate hike is 3.2 percent, which is not too bad.  The real news is not quite this good-  Since none of the ‘averages’ are participation-weighted (that is, they pay no attention to what FEHB plans Feds actually select),  the averages provided by OPM, GovExec, and FedTimes are essentially useless.

I’ll give you the only statistic that matters here, the one that applies to 40 percent of Feds.  Continue reading

Bugs Bunny Image Courtesy Warner Brothers

Bugs Bunny Image Courtesy Warner Brothers

Happy Open Season, Feds!

It’s that time of year again where 95 percent of you do nothing and keep your existing health plan (for good reasons, see below).

For the minority of you who are considering switching plans, FEHB offers you the 3rd party tool PlanSmartChoice.com, which allows you to plug-in some assumptions about your family size and frequency of medical claims.   If you’ve used PlanSmartChoice before, it retains the info you input from last year, which is nice.  Here’s what it looks like for me: Continue reading