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Benefits News

Informed Investor: Limited Expense HCFSA Available to Employees with Excess Dental and Vision Expenses

In the third of four columns discussing choices related to the 2017 benefits “open season”, this week’s column discusses the limited expense health care flexible spending account or LEX HCFSA, including what type of expenses a LEX HCFSA pays for, which employees should consider enrolling in a LEX HCFSA, and how employees enroll in a LEX HCFSA.

During Benefits “Open Season” All Employees Should Consider Contributing to a Health Care FSA

Today is the start of the benefits “open season” in which employees have to decide about their health, dental, and vision insurance for 2018 and whether to enroll in the flexible spending accounts. In the first of four columns discussing issues related to the benefits “open season”, this week’s column discusses health care flexible spending accounts (HCFSA) and how they work.

TSP bill heads to White House

The TSP Modernization Act has passed the House and Senate and is now headed to the president for approval.

VA secretary discusses efforts to improve services

Veterans Affairs Secretary David Shulkin on Nov. 6 spoke about improving and modernizing his agency, wait times at its health facilities, a national VA ID program, benefits, the appeals process and other efforts to improve services for veterans.

Feds opt for larger health insurance provider despite other options

Despite more available plan offerings of federal employee health benefits in recent years, enrollment remains stagnant and feds continue to opt for the largest providers in their area, a recent Government Accountability Office report finds.

Childhood cancer survivors face ‘job lock’ to keep insurance

Many working adults worry about work-related health insurance, but they don’t let those fears stop them from changing jobs or careers, but that’s not the case for childhood cancer survivors who are less likely to change jobs for fear of losing their work-related health insurance.

House adopts Senate's version of 2018 budget

House Republicans have adopted the Senate version of the 2018 budget resolution that does not include billions of dollars in cuts to federal retirement benefits.

Lawmakers take aim at firing processes

House Republicans are planning to send a letter to the Trump administration and are garnering signatures to help them promote and solicit interest in easing the firing process for employees across the federal government.

Carson has faith in fed giving

Housing and Urban Development Secretary Ben Carson believes strongly in the charitableness of federal employees, despite declining contributions to the Combined Federal Campaign.

Survey: Most feds happy with their TSP

A recent survey found that the vast majority of Thrift Savings Plan participants are happy with their service, but 30 percent of current participants said they will transfer their money out of the program after retirement.

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