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Time Limits for Electing Temporary Continuation of Healthcare Coverage

If you are a separating employee, you must submit your Temporary Continuation of Coverage (TCC) election to your employing office within 60 days after the date of your separation or 65 days after the date of your employing office’s notice, whichever is later. Your eligible child must submit his or her TCC election to your employing office within either: • 60 days after the date of the qualifying event, if you (the enrollee) did not notify your employing office within the required 60-day notification...

What To Do if Your FEHB Plan Is Discontinued

You may change to another plan when you are enrolled in a plan that is discontinued in whole or in part. You may enroll in the new plan for either Self Only or Self and Family coverage. If your plan is discontinued at the end of a contract year, you must change your enrollment during Open Season unless OPM establishes a different time. Normally, a plan that terminates its participation in the FEHB Program will terminate as of December 31 of a given year. The plan will continue to provide benefits until the new coverage...

Reader Question: What happens if I become disabled while working as a federal employee?

Q: I'm currently employed by a federal agency, but I've had a few troublesome health problems in the last year. I'm worried I will become disabled before I reach retirement age. What will happen to me and my finances? Do I need a Power of Attorney? A: If you become mentally or physically unable to handle your own money, a family member or someone helping you should contact OPM as soon as possible. When your family member or friends contact OPM, they will receive full instructions on what to do to take care of your...

Prep Your Healthcare Coverage Before Retirement

Retirement planning takes a lot of work. It is often advised to have a plan starting 5 years from your expected retirement date. One area of concern is health coverage, but it doesn't need to be one that worries you. It's one of the easiest parts of your plan to prep. If You Want to Continue Your Health Benefits Coverage... If you meet all the requirements, you don’t need to do anything to have your same health benefits enrollment continue after your retirement. If You Want to Cancel or Change Your Health Benefits...

FEHB Deduction Errors for Current Federal Employees

Payroll offices must adjust errors in withholdings and contributions on a subsequent payroll and must include the adjustments in a subsequent withholdings and contributions report. Your employing office must ensure that your individual payroll record shows not only the regular (current) deductions for health benefits withholdings, but also the adjustments. Where annual appropriations are involved and the fiscal year changes between the processing of the erroneous withholdings and/or contributions and the processing...

Coordinating Federal Employee Healthcare Benefits with Medicare

If you or a covered family member is entitled to benefits from a source other than your FEHB plan, such as Medicare, those benefits will need to be “coordinated.” “Coordination of benefits” means that when you are covered by more than one type of insurance that covers the same health care expenses, one pays its benefits in full as the primary payer and the others pay a reduced benefit as a secondary or third payer. When the primary payer doesn’t cover a particular service but the secondary...

Long-Term Care By The Veteran’s Administration

The Office of Geriatrics and Extend Care which is under the Department of Veterans Affairs (VA) health system, makes certain Long-Term care services available to veterans based on a priority ranking system, with highest priority given to those with severe service-related disabilities. VA-funded Long-Term care may be worth investigating, especially for veterans with service-related disabilities and/or low incomes and assets. Keep in mind, however, that in addition to the priority ranking system, the availability of Long-Term...

3 Types of HMOs in the FEHB Program

Health Maintenance Organizations (HMOs) provide or arrange for comprehensive health care services on a prepaid basis through designated plan physicians, hospitals, and other providers in particular locations. Each HMO sets a geographic area for which health care services will be available, called its service area. This area is described in the plan’s brochure. You may join a particular HMO if you live within its service area. Some plans also accept enrollments from employees who work in the area even though...

Health Benefits Coverage Procedures for Retiring Employees

Planning your retirement from the federal workforce takes quite a bit of work. It is often advised to have a plan starting 5 years from your expected retirement date. One area of concern is health coverage. But it doesn't need to be one that worries you. It's one of the easiest parts of your plan to prep. If You Want to Continue Your Health Benefits Coverage... If you meet all the requirements, you don’t need to do anything to have your same health benefits enrollment continue after your retirement. If You Want...

2014 Federal Handbooks Now Available

ARLINGTON, VA - Federal Handbooks has released their FREE 2014 handbooks for federal employees. These handbooks, written specifically for federal agency employees, include a variety of information about pay, benefits, education, travel, healthcare and retirement. Download any of the handbooks for FREE or purchase a printed copy. Don't forget to tell all of your federal colleagues about these free handbooks too! 2014 Federal Handbooks - Now Available - 2014 FEDERAL RETIREMENT HANDBOOK - 2014 FEDERAL HEALTH BENEFITS...

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