In This Issue FMA Working For You! Get Involved At These Events! Legislative Outreach What's Affecting Feds? | FMA Washington Report: October 13, 2021 Details on the 2022 FEHB Open Season The Office of Personnel Management (OPM) announced the 2022 Federal Employees Health Benefits (FEHB) Program rates today. The open season for health benefits, dental and vision insurance, and flexible spending accounts will be November 8 through December 13, 2021. The overall average FEHB premium increase will be 2.4 percent in 2022. The average enrollee share increase will be 3.8 percent. (This is down from a 4.9 percent increase last year.) The new health premiums go into effect in January 2022. On average, enrollees with FEHB Self Only coverage will pay $3.17 more per biweekly pay period than in 2021. Enrollees with Self Plus One coverage will pay $7.61 more per biweekly pay period, while those enrolled in Self and Family coverage will pay $10.09 more. The average premium increase for dental plans for 2022 is 0.81 percent, and the average premium increase for vision plans is 0.95 percent. FEHB Plan Comparison Tool Further, OPM has a useful FEHB plan comparison tool, where you can compare different plans according to their costs, coverage, and other considerations. To access the tool, please click here or paste this URL into your browser: https://www.opm.gov/healthcare-insurance/healthcare/plan-information/compare-plans/. Please note the link to OPM's plan comparison tool currently compares 2021 plans. The link will reflect 2022 plans once it is updated by OPM. Flexible Spending Account Program Finally, eligible federal employees must reenroll in the Federal Flexible Spending Account Program (FSAFEDS) each year to set aside pre-tax dollars in flexible spending accounts for their dependent care and health care costs. Nearly 490,000 federal employees currently participate in FSAFEDS. Helpful Links & Resources: Below, please find links provided by OPM for more information about the federal benefits open season for the 2022 plan year: Federal Benefits Open Season Information FEHB Significant Events Changes 2022 Federal Employees Dental and Vision Insurance Program (FEDVIP) Vision Premium Rate Chart Federal Employees Dental Vision Program (FEDVIP) 2022 Dental Rating Region Chart 2022 Federal Employees Dental and Vision Insurance Program (FEDVIP) Dental Premium Rate Charts FMA encourages you to closely review your benefits and premiums when determining what plan to enroll in during open season. If I may be of assistance, please don't hesitate to contact Greg at (703) 683-8700. |
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