Oct 16, 2010

Federal Employees Health Plan 2011 Premiums

The US Gov't OPM announced the new rates for 2011 for the FEHB plans. Here is the chart showing 2011 premiums for national plans. For HMOs and other plans available in your area, click on FEHB site page.

For those of you who hate federal workers, you can see what the premium subsidy is for federal employees and retirees. Before you explode and bloviate, however, remember that salary + benefits = total compensation, and in general total federal compensation is not out of line with the private sector. In my view, federal employees are generally more risk averse than private sector workers, or more dedicated to public service, or lucky to have found a safe federal job and aware they couldn't command the same salary in a more competitive system. (Or some combination thereof.) We're no angels, but we aren't total ripoff artists, either.

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