"...Enrollees with self-only coverage will pay, on average, $4.83 more each pay period (about $125 per year) next year. Family coverage will cost an average $11.12 more per pay period. FEHB enrollees pay - on average - 30 percent of the total cost of a plan's premium, while the government pays 70 percent.
This year's Open Season begins November 10 and runs through December 8, 2008, giving employees the opportunity to change or add to their portfolio of health- and family-care insurance products.
In 2009, 10 fee-for-service plans and a number of Health Maintenance Organizations (HMO) will expand coverage of hearing benefits for adults. This enhancement follows OPM's challenge last year to health carriers - which a number accepted - to improve the coverage of diagnostic tests and hearing aids for children in 2008.
Often cited as a model health-care system, the FEHB Program is not immune to external factors that influence the cost of medical care. In fact, two private studies predict medical costs next year will rise between 9.6 percent and 10.6 percent, with the aging population, the rise of prescription drug costs and patient demand for services fueling much of the increase.
Next year's rise in the average FEHB premium is significantly less than rate hikes some are predicting for large, employer-sponsored private-sector programs.
Premiums, including the government share and the enrollee share, will increase an average 7.0 percent next year. Overall, the average enrollee share of the premium will increase 7.9 percent. Twenty percent of FEHB enrollees would see their share of premiums rise by less than 5.0 percent, based on 2008 enrollment data.
Enrollees in the Blue Cross Blue Shield Standard Option, the most popular FEHB plan choice, would see their share of the premium increase 12.9 percent for self-only coverage and 13.4 percent for self and family coverage...."
This Article is From: www.opm.gov
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