Self-only coverage: $3.17 more per biweekly pay period,.

Specifically, non-postal FEHBP participants will pay an average of: The government will contribute 1.9% more toward participants’ health premiums in 2022. Overall, FEHBP premiums will go up an average of 2.4% next year, according to OPM. The agency estimates these costs will eventually decline as more participants get vaccinated. Testing and treating COVID-19 patients cost the FEHBP $1 billion and represented 2% of the program’s claims in 2020, OPM said. OPM bases 2022 premium rates on health care usage from the prior year, and because participants continued to defer doctors visits, elective surgeries and other procedures this year, overall usage of the health care market remains low compared to non-pandemic years. The pandemic continues to have an impact. The use of specialty drugs and the costs of responding to chronic illnesses, as well as advances in medical technology, drive up health care costs. Once again, OPM said multiple factors impact the annual premium rates. “The global pandemic underscores the responsibility an employer has to provide their workforce with quality, affordable and dependable health care options.” “Quality health insurance has never been more important, and OPM is ensuring all eligible enrollees have the information they need to make informed decisions about their coverage,” Kiran Ahuja, the agency’s director, said Wednesday in a statement.

OPM said it will continue to update its suite of FEHBP tools, which include the plan comparison tool, between now and the start of open season on Nov. Participants can find more details on their specific plans and the 2022 rates here. Participants in the FEHBP have an opportunity during that time to make changes to their health, dental and vision plans ahead of the upcoming benefit year, which begins Jan.

OPM on Wednesday announced the annual premium rates for 2022 ahead of this year’s upcoming open season, which runs from Nov. Participants in the Federal Employees Health Benefits Program (FEHBP) will see more modest increases in their insurance costs for 2022 - at least compared to the last two years.įederal employees and retirees, on average, will pay about 3.8% more toward their health premiums next year, according to the Office of Personnel Management.

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