Wednesday, August 31, 2022

Postal Service Health Benefits Program (PSHB) will replace FEHB coverage for postal employees, annuitants and eligible family members

Postal Service Health Benefits Program (PSHB) will replace FEHB coverage for postal employees, annuitants and eligible family members

Article Excerpt: "...That program will replace FEHB coverage for postal employees, annuitants and eligible family members but they “may continue to participate in the FEHB Program for the 2022, 2023, and 2024 plan years. Under the postal reform law, the PSHB would make the same plans available and on the same coverage terms as in the FEHB but with their premiums determined separately. One major difference would be that future postal retirees would have to enroll in Medicare Part B when they become eligible, typically at age 65; current postal retirees would retain the option of not enrolling, as would current employees who are age 64 or older before the end of 2024. ..."



Resource: www.fedweek.com

Postal Service Health Benefits Program (PSHB), Federal Employee Health Benefits Program (FEHB)

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