OPM Announces 2014 Federal Employees Health Benefits Program Premium Rates

opmWashington, DC – The U.S. Office of Personnel Management (OPM) has announced the average premium rate for the 8.2 million people covered by the Federal Employees Health Benefits (FEHB) Program will increase by 3.7 percent in 2014.  That percentage is only slightly higher than last year’s increase of 3.4 percent and less than the national average increase in 2013.  The average premium increase for the Federal Employees Dental and Vision Insurance Program (FEDVIP) will be under one percent for dental coverage and average premiums for vision benefits will decrease by 1.3 percent. Continue reading

Fed unions say DonahoeCare would “destabilize the FEHBP and raise costs for federal employees, retirees, and their families”

Postmaster General Pat Donahoe’s proposal to yank postal workers (excluding himself and a few other privileged folks) out of the Federal Employee Health Benefits Program has drawn the ire of three unions that represent non- postal federal workers.

The National Treasury Employees Union, American Federation of Government Employees, and the National Active and Retired Federal Employees Association have jointly sent a letter to members of the Senate committee that oversees the USPS criticizing the Senate bill, S.1486, that would authorize Donahoe to proceed with his plan.

The unions note that the bill would

“allow the United States Postal Service (USPS) to cherry pick the largest areas of cost savings from FEHBP, which will destabilize the FEHBP and raise costs for federal employees, retirees, and their families. The Office of Personnel Management has estimated that as a result of these provisions, premium increases for employees and retirees remaining in the FEHBP would be 2 percent across the board and could be as high as 35 percent for some plans.”

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