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Thread: FEHB open season

  1. #1

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    Default FEHB open season

    I know we usually do a thread during Health Care Plan Open Season. Somehow this year we haven't done one yet. Open Season for the Federal Employee Health Benefit plans only lasts a few more days- so if you haven't studied the plans available in your area, compared the services you need or think you may need with the coverages available out there, then now is the time.

    http://www.govexec.com/story_page.cf...ref=todaysnews has a reminder to check out plans.


    Open season, your chance to change plans, only lasts until December 12.

    Here is an OPM video headlining some info:


    Open season is now for:

    Health Care Plans:
    http://www.opm.gov/insure/health/index.asp

    Dental Plans:
    http://www.opm.gov/insure/dental/index.asp

    Vision Plans:
    http://www.opm.gov/insure/vision/index.asp

    and
    Three different kinds of Flexible Spending Accounts:
    http://www.opm.gov/insure/flexible/index.asp




  2.  
  3. #2

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    Default Re: FEHB open season

    A reminder- OPEN SEASON for Federal Health Benefit enrollment changes, Dental and Vision plans, and FSA FEDS savings accounts ends on December 8.

    Only a few more days to make those decisions and changes to your next year's choices.

    Here is the link to learn more:

    Open Season

    Good luck.

  4.  
  5. #3

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    Default Re: FEHB open season

    We are now about to roll into November, and I am noticing that the Office of Personnel Management (OPM) has not yet published the new Health Care Plans and rates anywhere.

    Normally, the new data is out in the first or second week of October, and Open season starts early in November.

    This year, Open Season runs as follows:


    When is the next Open Season?

    November 8, 2015 through December 14, 2015



    But,. at least as of this morning, there are NO new plan information brochures and rates published on the OPM website at:
    https://www.opm.gov/healthcare-insurance/healthcare/


    WHAT IS SIGNIFICANTLY DIFFERENT THIS YEAR:

    Is that people will, for the first time, be able to make THREE choices over WHO is enrolled in their plan.

    1. Self-Only

    2. SELF PLUS ONE PERSON

    3. SELF PLUS FAMILY


    This is a result of Congressional changes- and it is expected that the "Self-plus-one" may be cheaper than family plans for many people- although we won't know until the data on prices of plans actually is published. WHICH SHOULD HAVE BEEN BY NOW- so I am wondering when to expect to see something.

    And since I will have to continue with a self-and family plan, I expect that the price of that is going to be climbing quite a bit this time around, as those "self-plus-one" people pull out of family plans and the rates for the rest of us rise.

    Just saying....


    Can't wait for single-payer Medicare for everyone - at better rates :-)


  6.  
  7. #4

    Default Re: FEHB open season

    Here are the 2016 rates for GEHA: https://www.geha.com/plans-and-benefits/premiums

    Looks like I save 18 cents over my 2015 premium by going self plus one. Otherwise it would be an $11 increase for family. I never thought there would be much difference between the two for us because we get to carry FEHB into retirement. Sure you have all the kids when you are young but you also have all the aging retirees on the other end. I always figured it evened out in the end. It will be interesting to see how much the premiums differ in the future.
    Last edited by Cactus; 10-29-2015 at 11:14 AM.
    Allocations as of COB Dec 28 : 100% S. | Retirement Date:Dec 2025
    Past Returns:
    2020 31.85%,2019 27.97%,2018 -3.36%,2017 13.10%, 2016 -1.79%, 5Yr Avg 12.61%

  8.  
  9. Default

    You would expect the Self +1 to be significantly cheaper but it's not. The rational I read, is that the insurance companies expect that the majority of Self +1 insurees will be older and retired folks.... This means that they expect them to have higher insurance needs.
    It's a bummer... I was hoping for a lower premium

  10.  
  11. #6

    Join Date
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    Location
    Oregon
    Posts
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    Default Re: FEHB open season

    Quote Originally Posted by James48843 View Post
    We are now about to roll into November, and I am noticing that the Office of Personnel Management (OPM) has not yet published the new Health Care Plans and rates anywhere.

    Normally, the new data is out in the first or second week of October, and Open season starts early in November.

    This year, Open Season runs as follows:



    But,. at least as of this morning, there are NO new plan information brochures and rates published on the OPM website at:
    https://www.opm.gov/healthcare-insurance/healthcare/


    WHAT IS SIGNIFICANTLY DIFFERENT THIS YEAR:

    Is that people will, for the first time, be able to make THREE choices over WHO is enrolled in their plan.

    1. Self-Only

    2. SELF PLUS ONE PERSON

    3. SELF PLUS FAMILY


    This is a result of Congressional changes- and it is expected that the "Self-plus-one" may be cheaper than family plans for many people- although we won't know until the data on prices of plans actually is published. WHICH SHOULD HAVE BEEN BY NOW- so I am wondering when to expect to see something.

    And since I will have to continue with a self-and family plan, I expect that the price of that is going to be climbing quite a bit this time around, as those "self-plus-one" people pull out of family plans and the rates for the rest of us rise.

    Just saying....


    Can't wait for single-payer Medicare for everyone - at better rates :-)

    [/FONT][/COLOR]
    Something's wrong with the OPM Insurance website. I was looking at the 2016 Plan Comparison page yesterday for about a half hour, but it stopped responding after I'd done a couple of comparisons. Basically, I got a window that said something like "Oops. We're experiencing problems. Try again later."

    The premiums info was still working though. It looked to me like the Self+ One Plans were not that big a deal as far as actual savings (which kind of makes sense because young people don't typically have as much need for health care generally).

  12.  
  13. #7

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    Default Re: FEHB open season

    Here are the new 2106 FEHB rates:



    https://www.opm.gov/healthcare-insur...tion/premiums/

    Remember- there are now THREE rates published for each plan-

    1. Self only

    2. Self and family

    3. SELF PLUS ONE ((NEW)



    For my plan, interestingly, SELF-PLUS ONE rate is actually MORE EXPENSIVE than SELF-PLUS FAMILY.


    Go figure THAT one out! LOL!

  14.  
  15. #8

    Default Re: FEHB open season

    Quote Originally Posted by James48843 View Post
    For my plan, interestingly, SELF-PLUS ONE rate is actually MORE EXPENSIVE than SELF-PLUS FAMILY.

    Go figure THAT one out! LOL!
    obviously the state adoption agency picked the wrong family for you to support. it's just the luck of the draw now homes, everybody into the pool.
    100g

  16.  
  17. #9

    Join Date
    Mar 2006
    Location
    Raleigh, NC
    Posts
    3,416

    Default Re: FEHB open season

    When are these prices going down? Someone promised me something and I am absolutely confident that I was not swindled by this chap.
    Lookin' up at the 'G Fund'!!!


  18.  
  19. #10

    Default Re: FEHB open season

    Quote Originally Posted by James48843 View Post
    For my plan, interestingly, SELF-PLUS ONE rate is actually MORE EXPENSIVE than SELF-PLUS FAMILY.


    Go figure THAT one out! LOL!
    Well, sounds like it's time to start another family -- it's cheaper.
    Allocations as of COB Dec 28 : 100% S. | Retirement Date:Dec 2025
    Past Returns:
    2020 31.85%,2019 27.97%,2018 -3.36%,2017 13.10%, 2016 -1.79%, 5Yr Avg 12.61%

  20.  
  21. #11

    Default Re: FEHB open season

    This is a website I used to use to compare all the options. some people might find it useful:

    https://www.plansmartchoice.com/

  22.  
  23. #12

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    Default Re: FEHB open season

    Health Benefits Open Season opens on MONDAY.

    The OPM website posted the new plan brochures yesterday, and the plan comparison tool is now up and running.

    Go check out your 2016 FEHB options here:
    https://www.opm.gov/healthcare-insur...rmation/plans/

    My plan reduced Doctor's visit fees, increased co-pays for prescription drugs, and added new types of coverage, and reduced the premium by about $20 a pay period.
    Check out your plan to see what is changed, and see what other plans might be better in your case.
    Good luck.

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