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Health Premiums for Federal Employees to Increase 3.8% in 2012

Wednesday, October 5, 2011

(National Federation of Federal Employees)

The Office of Personnel Management (OPM) announced last week that federal workers health care premiums will increase by 3.8 percent next year. The increase will cost employees an additional $4.25 per pay period on average, or $110.50 in total new payments per year.

 

For federal employees entering the second year of a two-year pay freeze, the increasing cost of health insurance is putting a great deal of downward pressure on their families’ bottom lines. In the first year of the freeze, premiums rose by 7.3 percent; the year before that, premiums increased by a whopping 8.8 percent. The aggregate costs of these increases add up to hundreds of dollars per year, and thousands over the course of a career.

 

“For federal workers and their families who are already struggling in a bad economy, no increase is too small to matter,” said NFFE National President William R. Dougan. “At a time when every dollar counts, even a modest increase is tough to swallow.”

 

Though the trend appears to be pointing in the direction of lower premium increases, there is no telling how costs will fluctuate going forward. Click here for more information on this year’s FEHB premium increase.

 

Comments

Peggy Breakey   10/11/11 5:28 am
Raise for 2012
Do you know what if anything will happen with Federal Employees and Retirees Cola for 2012 or will there be a continued freeze? Food, Gas, Medical - are raising faster than one would think could happen - when will this stop?

Stop the pay raises for those in congress - stop the amount that they receive upon ending their position in congress. Isn't it about time that they too have to take a hit on their salaries - they are Federal Employees yet you don't hear that they are taking any cuts. In my opinion this is unjust and unfair to all the Federal Employees and Retirees out there - trying to make ends meet.

Everytime I hear someone say they in congress should take their fair share of cutting back - it never goes any further. What if anything is NFFE doing in regards to this? what is NFFE doing to try and get our colas for 2012? Thank you for letting me vent - Peggy, Retired Federal Employee.

Kevin   10/10/11 8:59 pm
Pay Freeze for Federal Employees
We have been told the freeze is to help the budget and a cost of living increase is not needed because the cost of living has not gone up.

I am not sure where the people saying that are living but all my costs have gone up over the last two years. Our food, gas and energy costs have all gone up in the last two years. We are all having trouble in this current economy and to increase costs to us (taking more money I do not really have to spare) is completely unacceptable.

m berkey   10/06/11 6:32 pm
mine went up 12.5% for 2011. Looks to be 7.5% for 2012. Blue Cross. Doesn't look so bad when you do an average though. Guess we're the high end.

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