Federal workers face eight percent hike in premiums
WASHINGTON (AP) — Federal workers will pay about eight percent more next year for health insurance obtained through the Federal Employees Health Benefits Programme, the government reports.
Federal employees and retirees can choose from 269 insurance options, with some plans going up much more than the eight percent average. For example, the premiums for the most popular choice among enrollees is rising about 13 percent.
Meanwhile, about 20 percent of current enrollees are in plans that will have a premium increase of less than five percent.
About eight million federal workers, family members and retirees are enrolled in the Federal Employees Health Benefits Program.
Participants can use an open enrollment season that begins Nov. 10 to shop around and change their insurance coverage to fit their medical and financial circumstances.