FEHBP expert: Feds have a good deal despite higher premiums
- By FederalSoup Staff
- Oct 06, 2017
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.