Most federal employees will not switch their health plan this Open Season. In fact, only an average of 5% will make a change during any Open Season. We know from Office of Personnel Management (OPM) data on plan enrollments and from counseling thousands of federal employees over the years that many stay in expensive plans when better, less expensive options are available.
The Consumers’ Checkbook Guide ranks all FEHB plans on estimated yearly cost, which is the combination of known expenses (premium) plus expected out-of-pocket costs based on the user profile—age, family size, and expected healthcare usage. Our benchmark ranking of all plans shows how much you can save by switching plans. For example, a family of four in D.C. could switch from Blue Cross Standard to GEHA Elevate and save about $3,770 in annual costs.
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