FEHB premiums going up

Feds are facing a steep increase in insurance premiums under the Federal Employees Health Benefits plan in 2020.

The Office of Personnel Management announced Oct. 2 that federal workers and retirees enrolled in the FEHB program will pay an average of 5.6% more for their insurance premiums beginning January 2020.

Agencies will absorb a 3.2% increase in insurance premium costs.

"Today's announcement is the culmination of a yearlong effort," said OPM Director Dale Cabaniss in statement. "Our employees have worked tirelessly on behalf of all Feds and retirees to secure them world-class healthcare and give them the knowledge to make informed decisions for their families."

In 2019, premiums increased just 1.9% -- the lowest increase since 1996, according to OPM.

J. David Cox. Sr., the national president of the American Federation of Government Employees, slammed the increase.

"The Trump administration has failed to do its job of providing affordable health insurance to its workforce," Cox said in a statement. "Shifting more health-care costs onto federal workers and retirees will force growing numbers to choose between keeping their health insurance or paying for rent and other costs of daily living."

Cox also condemned a move at the Transportation Security Administration that requires part-time workers who elect to buy FEHB insurance to pick up more of the tab for their health insurance premiums.

Open season for electing new FEHB plans begins Nov. 11 and runs to Dec. 9.

Reader comments

Mon, Nov 4, 2019

Obama care, Union leadership, and puppets like Cox do nothing but ruin the hope of quality fair cost health care. Why are hard WORKING PEOPLE asked year after year to pay more to get less? The reason is more and more and more are given what need FREE, so, the hard working people can pay more and more, and more to pay for the FREE STUFF. The reality legacy of Obama Care is FREE STUFF. What will be rammed down the troughs of the hard working taxpayers next? Probably healthcare for EVERYONE paid for by the FEW.

Mon, Nov 4, 2019 William Smith AZ

I have one of the most affordable plans. Going up 5%, but government share is only 1.2%. For me, my premium is going up over 18%

Mon, Nov 4, 2019

Lol, Obama is a Democrat, not a republican..... pay attention

Mon, Nov 4, 2019 Common sense

Pay attention, how can you blame anyone but the insurance companies for their increases? They make billions of dollars a year in profits... vote for someone that’s going to fix it. You can’t blame the unions for this administrations greed.

Mon, Nov 4, 2019

For those of you seeing these huge increases in premiums, why are you not choosing more affordable plans? Blue Cross Blue Shield Basic is incredibly affordable, and the coverage is great. It's about as universally accepted as you can get. On the 2020 non-postal premium chart, the highest increase I see is only $23.50/pay period. Where do you see $180 increases? For retirees, based on my experience with my mother... Medicare A and B covers nearly everything, and a supplement such as BCBC Basic would catch the leftover. There's no need for all that extra coverage as a retiree on fixed income. Get over the idea of entitlement that we're all owed everything free. Quit your gov job and go to private industry... see how that works out for you!!!

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Edward A. Zurndorfer Certified Financial Planner
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