By Mission Support Bureau
OPM has announced the average premium rate for the 8.2 million people covered by the Federal Employees Health Benefits Program will increase by 3.7 percent in 2014. That percentage is only slightly higher than last year's increase of 3.4 percent and less than the national average increase in 2013. The average premium increase for the Federal Employees Dental and Vision Insurance Program will be under one percent for dental coverage and average premiums for vision benefits will decrease by 1.3 percent.
The 2013 Open Season for health, dental, and vision insurance and flexible spending accounts will be held from Nov. 11 to Dec. 9, 2013. The annual Open Season gives federal employees and retirees the opportunity to review their health plan choices and make changes for the following year. It also allows eligible employees to enroll for coverage. FEHB Program enrollees should review the benefits and premiums for their health plan choices and decide what coverage will best fit their healthcare needs in the coming year.