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September 28, 2012

News

FEHB premiums to increase 3.4 percent for 2013

WASHINGTON, D.C. (Office of Personnel Management) — The U.S. Office of Personnel Management announced the average premium for the 8.2 million people covered by the Federal Employees Health Benefits (FEHB) Program will increase by 3.4 percent in 2013, which is lower than last year’s increase of 3.8 percent.  In addition, the average premium increase for the Federal Employees Dental and Vision Insurance Program will be less than 1 percent. 

There are no significant benefit changes for 2013.

On average, FEHB Program enrollees with self-only coverage will pay $2.75 more per bi-weekly pay period, and enrollees with Family coverage will pay $6.39 more. Premiums for Health Maintenance Organizations will increase an average of 5.3 percent, while Fee-for-Service plans will see an average increase of 3.0 percent.

The 2013 Open Season for health, dental, and vision insurance and flexible-spending accounts will be held from Nov. 12 to Dec. 10. The annual Open Season gives federal employees and retirees the opportunity to review their health plan choices and make changes for the following year.

For more information, go to the website http://www.opm.gov/insure/openseason/factsheet.asp.  

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