News
OPM to crack down on ineligible health insurance enrollees
1+ hour, 30+ min ago (632+ words) In an effort to cut spending on ineligible participants, OPM outlined an expanded verification process for family members of health insurance enrollees. Enrollees in the government's health insurance programs will soon face tighter requirements when adding family members to their…...
Federal retirement planning: Why waiting costs more than you think
2+ week, 6+ day ago (333+ words) More than likely, you didn't choose a federal law enforcement, firefighting, air traffic control, healthcare, STEM fields or a standard General Schedule position to get wealthy. You chose to serve. But that service comes with a hidden cost: the service…...
GAO report on DOGE payments access "just the tip of the iceberg
1+ mon, 1+ day ago (27+ words) Federal News Network GAO report on DOGE payments access "just the tip of the iceberg...
Healthcare affordability part 4: How annuitants can use expected healthcare costs to help choose the right health plan
1+ mon, 1+ day ago (1063+ words) Once you become eligible for Medicare, you're not just picking a FEHB plan, you're also deciding which parts of Medicare to enroll in. If choosing a health plan while you were working felt complicated, retirement takes that complexity to another…...
Dr. Oz announces a 50-state audit of Medicaid program oversight
1+ mon, 1+ week ago (328+ words) The Centers for Medicare and Medicaid Administrator said during a Politico health care summit that his agency plans to ask states to "own" the problem of health care fraud this week with requests for states to share their strategies within…...
New Medicaid work rules to save money, but states first must spend to figure out path forward
2+ mon, 1+ day ago (291+ words) "In a lot of cases, these systems that states use to manage their Medicaid are decades old," David Lieb said. Terry Gerton I want to ask you first to refresh our memory. There are new Medicaid work requirements that are…...
Health'coverage decisions in retirement can shape when and how federal retirees tap their money
1+ mon, 3+ week ago (352+ words) "You've got to be careful about the tax planning and also what you might expect in the future down the road," said Tammy Flanagan. Terry Gerton I want to start by picking your brain on health insurance. Many federal retirees…...
Surprise new element in DOGE's Medicaid experiment: taxpayers vs. health care fraud
1+ mon, 3+ week ago (363+ words) "This is not the first time that this type of crowdsourcing has ultimately come about through release of federal data sets," John Barry said. Terry Gerton You've done some looking into a data set that the DOGE team inside the…...
OPM calls on federal insurance carriers to promote "well care," cut costs
1+ mon, 3+ week ago (1396+ words) A new OPM call letter outlined what FEHB and PSHB carriers should take into account as they work to finalize their offerings for the upcoming plan year. The Office of Personnel Management is out with a range of new expectations…...
Feds with Benefits: Healthcare affordability part 3 " How Medicare Part D can reduce prescription drug costs for federal annuitants
2+ mon, 5+ day ago (662+ words) For federal annuitants enrolled in Medicare, adding a Part D prescription drug plan may offer meaningful savings. How Part D works in FEHB Beginning in plan year 2024, OPM allowed FEHB carriers to offer Medicare Part D Prescription Drug Plans (PDPs),…...