FEHBP expert: Feds have a good deal despite higher premiums

Federal employees may have to pay more for their health insurance premiums but they still have a good deal, according an independent health economist who studies the Federal Employees Health Benefits Program, the Washington Post reports.

According to the article, Walt Francis—the chief author of Checkbook’s annual Guide to Health Plans for Federal Employees & Annuitants— said that while federal employees and retirees could save money by shopping around, FEHBP is a solid program that offers beneficiaries significant savings.

Premiums will increase for federal employees and retirees by 6.1 percent in 2018, but among some of the most popular plans, the increase is less than average and for some recipients, premiums will drop, the report notes.

Reader comments

Wed, Oct 18, 2017

Stop faking yourself, this is the same as another tax increase.

Wed, Oct 18, 2017

Good deal!? How is it a "Good Deal" when you can't afford to use it? What fantasy land do you live in? These paper pushers have no clue what's happening out in the real world

Wed, Oct 18, 2017

I forgot to mention that I have paying for health insurance premiums for the past 30 years.

Wed, Oct 18, 2017

In fact, my premiums increased 20 percent each of 4 years and co-pays increased) , not the advertised 3%. So can't wait to see the what the advertised 6% does maybe 40% increase this year? Are we to believe that the ACA doesn't impact our premiums? All this while the Health Insurance company in making enviable profits.

Tue, Oct 17, 2017 Holy

This is a prime example of fake news! Someone selling snake oil here!

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Edward A. Zurndorfer Certified Financial Planner
Mike Causey Columnist
Tom Fox VP for Leadership and Innovation, Partnership for Public Service
Mathew B. Tully Legal Analyst

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