The Federal Employee Health Benefits (FEHB) Plan is a comprehensive health insurance program for federal employees, retirees and their families. Here are five key things to know about it:
1. It offers a wide range of plan options, including Preferred Provider Organizations (PPOs), Health Maintenance Organizations (HMOs) and High Deductible Health Plans with savings accounts.
2. The FEHB Program pays part of the premium for most plans; enrollees pay the rest through payroll deductions or other payment methods.
3. Enrollees can choose from among dozens of nationwide carriers that offer coverage in all 50 states plus Washington D.C., Puerto Rico and the U.S Virgin Islands as well as overseas locations where available .
4. Coverage includes preventive care, doctor visits, hospital stays, prescription drugs and more depending on which plan you select .
5. Open enrollment periods occur annually; however you may also be able to make changes due to certain life events such as marriage or birth of a child .
This health plan provides you and your family with access to quality care at affordable rates, so it’s important to understand your options and decide which coverage best meets your needs. Be sure to take the time to review plan features, benefits, costs and eligibility requirements before enrolling in a plan. For more information on the FEHB Program, visit www.opm.gov/healthcare-insurance/.