Gov Careers

By Phil Piemonte

Blog archive

About that average 7.2 percent premium increase …

Well, now that the news on FEHBP health insurance premium increases has settled in—we’ve gotten some emails taking issue with the OPM statement that the average employee share of those premiums will go up 7.2 percent.

Of course averages are strange things. If you have two people in a group and one is 75 years old and the other is 77, the average age of a person in that group is 76. Throw a 37-year-old into that group, and it brings the average age down to 63.

But that doesn’t make the guys who are 75 and 77 feel any younger, any more than a 7.2 percent average premium increase makes a plan beneficiary who’s facing a 30 percent increase feel any better.

And we have heard from some folks whose FEHBP plan premiums are going up far more than 7.2 percent.

Of course, there are other variables, such as how comprehensive the coverage in a plan is (better plans just cost more), and what the percentage increase means in actual dollars (that is, there’s a big difference between 20 percent of $100 and 20 percent of $300).

So, following on an earlier post on this blog—did you get nailed this time, or come in closer to the 7.2 percent average?

Posted by Phil Piemonte on Oct 13, 2010 at 12:13 PM


Featured

  • Cybersecurity

    DHS floats 'collective defense' model for cybersecurity

    Homeland Security Secretary Kirstjen Nielsen wants her department to have a more direct role in defending the private sector and critical infrastructure entities from cyberthreats.

  • Defense
    Defense Secretary James Mattis testifies at an April 12 hearing of the House Armed Services Committee.

    Mattis: Cloud deal not tailored for Amazon

    On Capitol Hill, Defense Secretary Jim Mattis sought to quell "rumors" that the Pentagon's planned single-award cloud acquisition was designed with Amazon Web Services in mind.

  • Census
    shutterstock image

    2020 Census to include citizenship question

    The Department of Commerce is breaking with recent practice and restoring a question about respondent citizenship last used in 1950, despite being urged not to by former Census directors and outside experts.

Stay Connected

FCW Update

Sign up for our newsletter.

I agree to this site's Privacy Policy.