AFGE is hosting a benefits fair for current and potential members today to help federal employees navigate the many optional insurance coverages available to them.
Administrators with Benefit Architects and Colonial Life will be on hand to discuss insurance offerings including dental and vision coverage, life insurance, and short-term disability insurance.
The benefits fair begins at 7 p.m. Eastern Monday, Nov. 9. Click here to register.
Current and retired federal employees can make changes to their health insurance and other supplemental benefits during the federal government’s open enrollment period, which runs from Nov. 9 to Dec. 14.
Employees enrolled through the Federal Employees Health Benefits Program (FEHBP) are facing a nearly 11% rise in their share of insurance premiums next year, the Office of Personnel Management announced in October.
The 10.9% average increase in workers’ premiums far outpaces inflation and eclipses the 9.3% overall increase in premiums for both enrollees and the government. It’s the third consecutive year of double-digit premium increases in the FEHBP.
Employees can investigate switching to a cheaper health insurance plan during the open season, but doing so comes with risks. Switching plans can result in families losing trusted doctors who aren’t part of the new plan, driving an hour or more to find an in-network specialist, or paying thousands of dollars in surprise out-of-pocket bills because the new “cheaper” plan covers less than your previous coverage.
Click here to access the open enrollment webpage.
Written by OPEIU 2 AFL-CIO
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AFGE is hosting a benefits fair for current and potential members today to help federal employees navigate the many optional insurance coverages available to them.
Read More
