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Life Health > Health Insurance > Life Insurance Strategies

Feds To Ease Retiree Health Rules

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The U.S. Office of Personnel Management wants more discretion to let retirees into the Federal Employees Health Benefits program.

Program regulations now give the OPM the discretion to let retirees have health coverage even if, technically, the retirees do not satisfy the normal eligibility requirements.

Today, the regulations describe retirees who are not eligible for relief, such as retirees who say they received bad advice from their managers.

The OPM now has proposed a rule that would get rid of the list of specific situations that make retirees ineligible for relief.

Giving the OPM more discretion to let retirees have health benefits will allow the OPM more flexibility and should not cost any more than $100 million per year, according to the OPM

A copy of the proposed regulation is on the Web at Document Link


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