Federal workers face 8 percent increase in health insurance premiums next year
Federal workers will pay about 8 percent more next year for health insurance obtained through the Federal Employees Health Benefits Program, the government reports.
Federal employees and retirees can choose from 269 insurance options, with some plans going up much more than the 8 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 5 percent.
About 8 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.