- Federal Employee's Retirement Planning Guide - https://fedretire.net -

2022 FEHB Open Season Advice

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There are many things to consider when reviewing your FEHB health care plans during open season.  Plan premiums and benefits change year to year. Without a thorough review and comparison between plans you could unintentionally pass up a better deal.  I know this firsthand, as a federal employee for 36 years and a retiree these past 17 years, it is much easier to simply do nothing and continue on with a plan that may not fully meet your family’s needs.

The only way to avoid this is to review plans of interest to determine if you are receiving the maximum benefit for the lowest cost. It’s easy to become overwhelmed with all of the selections you have at hand and the sheer volume of reading material available. Don’t let this stop you. There are tools available to streamline your search and do comparisons with a few computer keystrokes.


Please forward this to others that may benefit from this information.

Another consideration today that should spur those over 65 to compare plans is that many now reimburse some of your Part B premiums. This could save annuitants a considerable amount each year. Consumer’s Checkbook “Guide to Health Plans for Federal Employees” online format actually does this comparison for you. By answering a few questions, you’ll see a personalized total cost estimate for each plan, which is the premium plus expected out-of-pocket for someone like you, and you’ll understand which plans save you the most money or provide the most coverage.

For retirees, the Guide shows a yearly cost estimate for every FEHB plan with Medicare Part A only and a separate estimate for the FEHB plans with Medicare parts A and B. This allows users to see which plans coordinate best with Medicare, the cost reduction of adding Medicare Part B, and whether the FEHB plan offers Medicare Part B premium rebates.

The Consumer’s Checkbook Guide to Health Plans for Federal Employees is available in print and online formats. Federal Retirement readers can pre-order the Guide at GuidetoHealthPlans.org [3] and save 20% by entering promo code FEDRETIRE at checkout. The Guide will be released online no later than the first day of Open Season November 8th. Print books will be mailed shortly after the start of Open Season.

Pre-Order Checkbook’s “Guide to Health Plans” [3]

Here are some important tips to consider as Open Season approaches:


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Disclaimer: The information provided may not cover all aspect of unique or special circumstances, federal regulations, medical procedures, and benefit information are subject to change. To ensure the accuracy of this information, contact relevant parties for assistance including OPM’s retirement center. Over time, various dynamic economic factors relied upon as a basis for this article may change. The advice and strategies contained herein may not be suitable for your situation and this service is not affiliated with OPM or any federal entity. You should consult with a financial, medical or human resource professional where appropriate. Neither the publisher or author shall be liable for any loss or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.

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