Shows & Panels
- AFCEA Answers
- Ask the CIO
- The Big Data Dilemma
- Carrying On with Continuity of Operations
- Connected Government
- Constituent Servicing
- Continuous Monitoring: Tools and Techniques for Trustworthy Government IT
- The Cyber Imperative
- Cyber Solutions for 2013 and Beyond
- The Data Privacy Imperative: Safeguarding Sensitive Data
- Expert Voices
- Federal Executive Forum
- Federal IT Challenge
- Federal Tech Talk
- Mission-critical Apps in the Cloud
- The Modern Federal Threat Landscape
- The Path from Legacy Systems
- The Real Deal on Digital Government
- The Reality of Continuous Monitoring... Is Your Agency Secure?
- Veterans in Private Sector: Making the Transition
Shows & Panels
The end is near, seriously!
Wednesday - 11/28/2012, 2:00am EST
No matter how busy and important you are, you face two very important deadlines. One can cost you, the other can kill you! They are:
Walton Francis, author of Consumers' Checkbook Guide to Federal Health Plans says the typical working fed or retiree can save up to $1,000 if he or she picked the best plan for themselves. Couples can save even more in premiums.
1). In less than two weeks, the health-insurance hunting season closes until this time next year. The health plan you pick between now and Dec. 10 will cover you and your family for calendar year 2013. Picking the right plan could save you thousands of dollars. Picking the wrong plan, although they are all good, could cost you thousands of dollars in premiums and out-of-pocket costs.
If you do nothing and stick with your same-old-same-old health plan, you could be hit by higher premiums and reduced benefits. Not the end of the world, but serious. Or...
2). The actual end of the world, which some "experts" say is predicted by the Mayan calendar. Some say the poles will flip, which means those of us in the D.C. area will be living and working (should we survive it) in a climate like Sydney, Australia. To which I say, bring it on! Others say all life will end, which will put a major damper on Christmas but also solve the sequestration problem.
This year, feds have dozens of very different plans to chose from. Many like the managed-care of health maintenance organizations (HMOs). Francis says picking Kaiser Mid-Atlantic Standard Option, CareFirst BlueChoice High Option or Aetna Open Access Basic Option will save the average family as much as $1,500 next year.
He also recommends you check out the Consumer Driven and High Deductible plans which, he says provide "substantial savings over almost all traditional insurance plans," and they have "loophole-free protections that are better than those in most traditional plans to protect policy holders against high costs."
Francis also recommends people check out plans like the NALC, Blue Cross and SAMBA High Options which get top ratings from customers and having a plan with minimal hassles can be a major benefit.
The HD and CD plans also make it possible for you to build up a bank account — Francis calls it a Roth IRA on steroids — that is yours to keep and which can be worth more than the premiums you pay.
Many federal agencies have subscribed to the online version of Checkbook's guide for their own employees. It is also available to members of the American Federation of Government Employees union and members of the National Treasury Employees Union.
Got questions? Well we (that is he) has the answers, because he literally wrote the book. And Francis will be my guest today on our Your Turn radio show.
Later in the show, Federal Timesman Sean Reilly will talk about postal buyout and early retirement offers, sagging employee morale and plans congressional long-knives have for federal pay and benefit cuts.
NEARLY USELESS FACTOID
By Jack Moore
The average age of the four living members of The Rolling Stones is two years older than the nine justices on the U.S. Supreme Court.
MORE FROM FEDERAL NEWS RADIO
OPM's new closure policies aim to clear
OPM officially released the new language and updated its dismissal and closure procedures by incorporating the lessons learned from last month's superstorm and last January's ice storm. Both of which led to uncertainty by federal employees, contractors and the public over what the exact status of federal offices were.
Do's and don'ts for holiday gift
giving at federal agencies
'Tis the season of Secret Santas, white elephant gifts and good will toward office coworkers. But if you're a federal employee, there's a strict list of who it would be naughty to give a present to or receive a present from during the holiday season.
Survey sheds spotlight on
leadership flaws, opportunities
Complaints about federal pay mostly fueled feds' declining morale in the Federal Employee Viewpoint Survey. Experts also pointed to the role of senior agency leaders.
PTO head Kappos stepping down
David Kappos, director of the Patent and Trademark Office, will stay with the agency through the end of January 2013. He's led PTO since August 2009.