I just retired and relocated to Spain. I have private health care here for me and my husband. We pay 230€ per month, which includes dental. No copays, no deductibles. Once we get permanent residency here, we’re dropping FEHB, as we’ll never return to the U.S.
I didn't have time but it would be nice to see how much the companies within the FEHB profited last year? for instance, FSBP, which uses Aetna, Aetna's revenue for 2023 was $105.6 billion, an increase of over $14 billion from 2022.
Healthcare costs charged to us and the health insurance companies are just ridiculous! These soaring hospital/clinic/medication charges put everyone in the poor house. These "Diet COLA's we get with FERS are a joke and they don't really amount to squat. Every year, we take home less and less.
@@ndjollymon When you get a cancer diagnosis do you care about 13.5 percent? I think you would care that you have coverage and the medical expertise to take care of you?
It certainly is frustrating, and inflation is definitely outpacing our annuities. @MichaelJ-t5s must either work in the medical industry or have a lot more income than the rest of us if he isn't feeling the crunch from increased medical insurance, car insurance, electric bills, groceries, etc, etc. The comment that we would happily pay another 13.5% if we had a cancer diagnosis is not even close to being the point.
By the time I retire my whole pension will be spent to pay for insurance. I’m not sure if it’s worth having FEHB after retirement if you enroll in Medical Part B and advantage plan. I see my margin reducing. 😂
The new PSHB is ridiculous. Very few plans to pick from, higher cost, + being forced into medicare part B adds up to a premium I can't afford. Getting away from fehb/ pshb & went with medicare advantage plan with 0 premium. That's all I can afford & will deal with co pays as they come up. The premiums for pshb will go to help cover those. But I think eventually there will be no plans offered for retirees, so your stuck !! USPS has gone back on their word as to benefits, so yet another government agency not caring about its employees.
@@marcusvaldesexactly . This for profit model is crushing everyday workers and retirees . We need a flat fee go anywhere anytime visit anyone for anything
Trust me you don't want free health insurance or Medicare for All. In my state, doctors already quit because they have to give free medical care to underinsured. There is now a shortage of students willing to become doctors with low pay. Most doctors now belong to some kind of network and it is now an assembly line to get terrible health care. Most noninsured go directly to the hospital. Now patients are lined up in hallways. Waited ten hours in the hall and it tuned into intensive care for a relative with insurance. They passed the next day. It's a step to Socialism and becoming a third world country.
There is nothing new here. FEHB premiums go up annually, just like COLA, but at a higher rate. Might as well not even get the COLA because of the "one step forward and two steps back" annual routine. Pay "increases" are in reality, causing us to run in place or, as in this instance, run backward. 🤬
In the US the remuneration of doctors (both GPs and specialists) is substantially higher than the average wage of all workers. GPs earn two to four times more than the average wage , while specialists earn two to six times more! This cost increase is needed so doctors can continue to enjoy the lifestyles for which they have grown accustomed. 😀
@@MichaelJ-t5sis that comment supposed to make u sound smart and u and them right for being greedy (they don’t condemn insurer’s practices despite being public health professionals).
Of course they are because medical professions are not just "average" jobs. Average jobs don't require decade plus of specialize expensive schooling and grueling work hours.
Of course increases suck but... Federal employees have it pretty good. Spine surgery this year well into the six figures.. less than $1000.00 out of pocket including all the follow ups etc.
I was looking at my current FEHB rate for 2025 and it went up substantially, self +one. I have GEHA and I’m comparing with BSBC to see which plan for BCBS is comparable with GEHA Elevate Plus. Does anyone know if BSBC is a good insurance?
You forgot to mention corporate greed as the main driver of increasing premiums. The federal government should be able to negotiate better prices given the size of the FEHB.
I just retired and relocated to Spain. I have private health care here for me and my husband. We pay 230€ per month, which includes dental. No copays, no deductibles. Once we get permanent residency here, we’re dropping FEHB, as we’ll never return to the U.S.
@@Carlos00762 wow!!! Happy for you. I am looking at Buenos Aries for my escape
Nice. I’m in process of looking for overseas place for retirement. Gonna retire from G at 57. Early. Still quite a few yrs away.
Where in Spain? We visited Galicia last year and loved it. Have you been to the Canary Islands ?
I am very jealous and might look into doing the same thing.
Can you own firearms in Spain?
Glad I don't have an FEHB plan in retirement. So glad I have Tricare For Life instead of a FEHB plan. It's just so much better.
It’s only better if you live in military communities, otherwise TRICARE sucks!
This is why we need universal healthcare. It's time.
13.5% and hooray only getting a 2% COLA...hooray for pay decrease
I didn't have time but it would be nice to see how much the companies within the FEHB profited last year? for instance, FSBP, which uses Aetna, Aetna's revenue for 2023 was $105.6 billion, an increase of over $14 billion from 2022.
Healthcare costs charged to us and the health insurance companies are just ridiculous! These soaring hospital/clinic/medication charges put everyone in the poor house. These "Diet COLA's we get with FERS are a joke and they don't really amount to squat. Every year, we take home less and less.
@@ndjollymon When you get a cancer diagnosis do you care about 13.5 percent? I think you would care that you have coverage and the medical expertise to take care of you?
It certainly is frustrating, and inflation is definitely outpacing our annuities. @MichaelJ-t5s must either work in the medical industry or have a lot more income than the rest of us if he isn't feeling the crunch from increased medical insurance, car insurance, electric bills, groceries, etc, etc. The comment that we would happily pay another 13.5% if we had a cancer diagnosis is not even close to being the point.
And after surgery and chemo the financial hardships will hit.@MichaelJ-t5s
being a federal employee becomes a worse deal every passing year
Any cost of living increase we Feds got never matched the increase the FEHB went up. It's something we are very familiar with.
Even though COLA was only 2% it more than covers the13.5% increase in FEHB.
how much profit are the FEHB companies making
13.5 increase on top of less than 2% COLA…😢 not feeling the love!
The government hates us.
for every $1.00 we sent to the insurance companies we get 45 cents back in health care. That is why I support Medicare for All.
2025 is the year I dump BCBS Basic. Increase is around 15-16% and the benefits seem to get worse over time. Going to a HDHP.
@@fevzay9315 Get Blue cross Focus
By the time I retire my whole pension will be spent to pay for insurance. I’m not sure if it’s worth having FEHB after retirement if you enroll in Medical Part B and advantage plan. I see my margin reducing. 😂
The new PSHB is ridiculous. Very few plans to pick from, higher cost, + being forced into medicare part B adds up to a premium I can't afford. Getting away from fehb/ pshb & went with medicare advantage plan with 0 premium. That's all I can afford & will deal with co pays as they come up. The premiums for pshb will go to help cover those. But I think eventually there will be no plans offered for retirees, so your stuck !! USPS has gone back on their word as to benefits, so yet another government agency not caring about its employees.
Yes a much larger increase. Thanks Dallen, invaluable advice always!😊Happy Halloween 🦇 🐈⬛🎃🍂🍬🍫
This is awful, there should be major action to change this. Very unfair!!!!!
It's time for universal healthcare.
@@marcusvaldesexactly . This for profit model is crushing everyday workers and retirees . We need a flat fee go anywhere anytime visit anyone for anything
I have an opinion, but I will vote instead😮
Funny like who? Forget the Republicans they don't want anything to do with Government and employees.
Hopefully Democrat. It's time for Universal Healthcare.
Trust me you don't want free health insurance or Medicare for All. In my state, doctors already quit because they have to give free medical care to underinsured. There is now a shortage of students willing to become doctors with low pay. Most doctors now belong to some kind of network and it is now an assembly line to get terrible health care. Most noninsured go directly to the hospital. Now patients are lined up in hallways. Waited ten hours in the hall and it tuned into intensive care for a relative with insurance. They passed the next day. It's a step to Socialism and becoming a third world country.
@@marcusvaldes no sorry
@@marcusvaldes Aren't Democrats currently in charge?
There is nothing new here. FEHB premiums go up annually, just like COLA, but at a higher rate. Might as well not even get the COLA because of the "one step forward and two steps back" annual routine. Pay "increases" are in reality, causing us to run in place or, as in this instance, run backward. 🤬
In the US the remuneration of doctors (both GPs and specialists) is substantially higher than the average wage of all workers. GPs earn two to four times more than the average wage , while specialists earn two to six times more! This cost increase is needed so doctors can continue to enjoy the lifestyles for which they have grown accustomed. 😀
@@harrylessinger5769 Tell that to the doctor when you need them for an operation?
@@MichaelJ-t5syep, that doctor can hold us all hostage to squeeze as much as he can from us, you’re right.
@@MichaelJ-t5sis that comment supposed to make u sound smart and u and them right for being greedy (they don’t condemn insurer’s practices despite being public health professionals).
@@newagain9964 I don't know about smart but needed them twice and I'm still here puta price on that.
Of course they are because medical professions are not just "average" jobs. Average jobs don't require decade plus of specialize expensive schooling and grueling work hours.
Time to suspend my FEHB (I have tricare, but am not 65 yet). Yet, this doesn't seem to be a simple process.
Of course increases suck but... Federal employees have it pretty good. Spine surgery this year well into the six figures.. less than $1000.00 out of pocket including all the follow ups etc.
16.5% where I live
We were told that PSHBP was going to lower cost. They lied again!
Yep. promises, promises...not kept
That's why the C fund is up 45 percent over that last 2 years. The prices go up too take the good with the bad.
@@MichaelJ-t5s and when the C fund goes down, will the health cost also go down?
@@gford9988 C Fund always goes up over time Dallen says so too?
@@MichaelJ-t5snot sure ur point. C fund has nothing to do with healthcare.
Would anyone know why my medication went from a 90 day supply to 30? I may as move into the pharmacy.😊
I was looking at my current FEHB rate for 2025 and it went up substantially, self +one. I have GEHA and I’m comparing with BSBC to see which plan for BCBS is comparable with GEHA Elevate Plus. Does anyone know if BSBC is a good insurance?
You forgot to mention corporate greed as the main driver of increasing premiums. The federal government should be able to negotiate better prices given the size of the FEHB.
Sure because every nurse, doctor and medical assistant doesn't want and get a big pay raise.
@@jimerin3533 When you need that medical care tell them that just be glad you have it .
Or inflation!
I understand that not all FEHB plans increase 13% there are ones that increase less
Something doesnt compute, doesn’t pass the smell test just imagine 20% real inflation plus onleal getting a measely 1.3 % raise this guy is a tool
Well the U.S.postal mail carriers just got a new contract offer for a Wopping 1.3% wage increase for 2025 so no problem !😢
@@Rayjack-m9o Don't forget your Cola every 6 months too . That's 2 a year worth 9.2 percent in 2022.
Paying for all the free medical care non insured people get.
Exactly, a strain on the system. There are consequences for letting everyone through the boarder.
Paying the pharmaceutical bros to make sure they get get their 1m Christmas bonus
@@chuloz Just be glad you have the coverage and ot struggling
Looks like the Russian propaganda bots have invaded the comments section.
Don’t forget the 25 million people that came across the open border this year alone. They need their free healthcare too! 🤦♂️
What if I hit my deductible in February every year with a HDHP?
No diff. And those plans costs have raised as well
Ours went down from $550.57 to $540.48.
Nothing Like Justifying a "Diet Cola" Increase Compared to Real Continued Inflation Associated With Health Care Costs???
ARGH!!!
Sorry, I am NOT accustomed to this BS.
Stop whining we have it pretty good
g workers had good until clinton. going backwards since then. Please get educated.
is this the same for postal workers? i think postal workers have cheap costs compared to other federal employees?