Most Federal Employees Health Benefits (FEHB) Program plans are raising premiums for 2027, and some are changing benefits in ways that could increase out-of-pocket costs, according to Federal News Network. Enrollees should review their options before open season ends.
Key Facts
- Premiums are rising: Most FEHB plans will charge more in 2027, Federal News Network reports.
- Benefit changes: Some plans are altering coverage in ways that could raise what enrollees pay at the doctor's office or pharmacy.
- Open season timing: FEHB open season typically runs from the second Monday in November through the second Monday in December. Changes take effect in January 2027.
- Action required: Enrollees who take no action stay in their current plan, along with any new premiums and benefit changes.
- Cost-cutting options exist: Federal News Network's report outlines ways enrollees can reduce health care spending during open season.
Where Enrollees Can Look to Save
Premiums are only part of the cost. Enrollees can check these areas when comparing plans:
- Deductibles, copays and coinsurance: A lower premium can mean higher costs when you use care.
- Prescription coverage: Check whether your medications are covered and which tier they fall into.
- Provider networks: Confirm your doctors and hospitals are in-network for 2027.
- High-deductible health plans (HDHPs): These plans often carry lower premiums and can be paired with a health savings account. They may not suit enrollees with frequent or costly care.
- Flexible spending accounts: Pretax accounts such as FSAFEDS can reduce taxable income for predictable medical expenses.
What It Means For You
If you do nothing, you could pay more in 2027 for the same plan, or for a plan with different coverage than you have now. Premium increases are deducted from each paycheck. Benefit changes show up when you use care.
Compare your plan's 2027 brochure against your actual usage from the past year. Add up premiums plus the out-of-pocket costs you would expect to pay under each plan. Our FEHB value guide can help you weigh what your coverage is worth.
Retirees and survivor annuitants also choose plans during open season and face the same premium and benefit changes.
Source: Federal News Network