The HDHP is your insurance coverage while the HSA is an added feature. With this combination, premiums tend to be less expensive since more of the out-of-pocket (OOP) burden is on you. While this may sound like a downside, for those with few healthcare expenses, their net annual costs...
(OPM) has announced the dates for the 2024 federal benefits open season. The dates are November 11, 2024 and continuing through December 9, 2024. This is the time of year that federal employees and retirees must make choices for health, dental and vision insurance for themselves and their ...
Open Season for Federal Employees: A Dizzying Array of ChoicesVictor Cohn
The federal Open Enrollment Period runs from November 1, 2024, through January 16, 2025, for health insurance coverage beginning in 2025. To get coverage starting January 1, 2025, you will need to sign up by December 15, 2024. However, not all states participate in the federal exchange and...
Postal Union Expects a ‘Smooth Transition,’ But Notes Possible Bumps In the Road for the New Health Benefit Program The Thrift Savings Plan is the cornerstone of the Federal Employees Retirement System created in 1986. By understanding the key elements of the...
While the federal open enrollment period for 2024began on Monday, Nov. 1and those who want coverage for the upcoming calendar year will need to enroll by Dec. 15, 2023. If you enroll for ACA-compliant health insurance coveragebetween Dec. 16, 2023, and Jan. 15, 2024, coverage will start...
Feb. 1 to July 1, or beyond – the vast majority of health insurance plans renew on Jan. 1 each year. This is true of most employer-sponsored group benefit plans and those found on state and federal insurance marketplaces. That means, starting around Oct. 1, it’s open enrollment time...
Tricare open seasonruns through Monday, Dec. 10. Some Tricare beneficiaries are also eligible for theFederal Employees Dental and Vision Insurance Program, or FEDVIP. That program’s open season ends Dec. 9. It’s also the time to enroll in the dependen...
Updated for the 2025 Plan Year:The 2025 plan year marks the most significant change in federal employee and retiree health insurance coverage since the Federal Employees Health Benefits program was created decades ago. For all that time, the FEHB has been the sole program, applying both to emplo...
Open enrollment for the 2025 calendar year for the federal marketplace (a.k.a. Affordable Care Act or ACA plans) starts November 1, 2024, and ends January 15, 2025. The Affordable Care Act (ACA) is a federal law aimed at expanding health insurance coverage, reducing costs, and improving...