Overall health premiums are set to increase an average 4.4 percent for 2017. However, under the formula determining government and employee premium cost share, the average employee share is increasing more than the government share.
About 4 million employees and retirees receive coverage under the Federal Employees Health Benefits Program. A total of 245 plans will be offered in 2017.
Open enrollment for FEHBP runs from Nov. 14 to Dec. 12.
More articles about payer issues:
Without more states expanding Medicaid, more than 600k veterans will go without insurance in 2017
Vermont receives preliminary federal approval for all payer model
20 insurance startups join innovation hub
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.
