NTEU Chapter 296
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  • 2022 FEHBP Rates Announced
    Posted On: Sep 30, 2021

    SUMMARY:  Today, the Office of Personnel Management (OPM) announced the Federal Employees Health Benefits (FEHB) Program’s premium rates would increase an average 2.4 percent in 2022, with an average increase for employees of 3.8 percent.

                Open season for federal employees to re-enroll or change their health insurance for next year starts November 8 and extends through December 13.  While the overall average increase in rates for federal employees and annuitants will be 2.4 percent in 2022, federal employees and retirees on average will pay 3.8 percent more for health insurance next year.  Because the
    3.8 percent increase is an average, exact increases will depend on the type of plan enrollees choose.  OPM said that 94 percent of FEHB enrollees will see an increase in premiums of less than 5 percent. 

    According to data released today by the Office of Personnel Management, on average, enrollees with self-only coverage will pay $3.17 more per biweekly pay period; enrollees with self plus one coverage will pay $7.61 more per biweekly pay period; and enrollees with family coverage will pay $10.09 more per biweekly pay period.  Please refer to the comparison charts at www.opm.gov when choosing a plan.

                OPM also announced that average premium increases for dental plans is 0.81 percent and for vision plans is 0.95 percent. 

    Eligible federal employees who want to set aside pre-tax dollars in flexible spending accounts (FSA) for their dependent care and health care costs must enroll in FSAFEDS.  Due to special COVID-related flexibilities, employees who re-enroll in a health care or dependent care FSA may carry over all unused funds remaining in their FSA at the end of 2021 for use in 2022.

               

                NTEU will continue to fight for ways to bring down health care premiums and educate our members on how to choose coverage that meets their families’ needs at the lowest cost possible.        


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