Insurance Services Programs
Federal Benefits Open Season Snapshot
RI 70-14 Federal Deposit Insurance Corporation Employees
Current Employees
During Open Season, you have the opportunity to make changes in the Federal Employees Health Benefits (FEHB) Program, the Federal Employees Dental and Vision Insurance Program (FEDVIP) and the Federal Flexible Spending Account Program (FSAFEDS). You can use this chart to assist you with the decisionmaking process of selecting plans and enrolling in these benefit programs.
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If Currently Enrolled in the Program |
If Not Enrolled in the Program |
FEHB |
- Check your plan's 2008 premiums and satisfaction survey results in Appendix E;
- Examine your plan's 2008 brochure for benefit and enrollment/service area changes;
- Check Appendix E for any new plans and plan options available to you;
- If satisfied with your plan's rates, survey results and benefits for 2008, do nothing - your enrollment will continue automatically;
- If not satisfied with your current plan for 2008, see Appendix B for guidance on choosing another plan.
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- See page 5 for general information on FEHB (including eligibility) and Appendix B for guidance on choosing a plan;
- If you decide to enroll, examine the 2008 brochure of each plan you consider to ensure the benefits and premiums meet your needs and the plan is available in your area;
- Contact the FDIC Benefits Hotline or the OIG Human Resources Office (if you are an OIG employee).
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FEDVIP |
- Check your plan's 2008 premiums in Appendix K and examine your plan's 2008 brochure for benefit and enrollment/service area changes;
- If also enrolled in FEHBP, check your 2008 FEHBP brochure for any changes in dental and/or vision benefits;
- If you are also enrolled in the FDIC Dental and/or Vision Plan, review the coinsurance information for the FDIC plans, FEHB, and FEDVIP. Also review the coordination of benefits information for the FDIC plans.
- If satisfied with your plan's rates and benefits for 2008, do nothing - your enrollment will continue automatically;
- If not satisfied with your current plan for 2008, see page 8 for guidance on choosing another plan and for information on how to change your enrollment;
- If you no longer want FEDVIP, you must cancel during Open Season by contacting BENEFEDS; after Open Season you cannot cancel; see Appendix H for details.
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- See page 8 for general information on FEDVIP (including eligibility) and for guidance on choosing a FEDVIP plan;
- Review the coinsurance information and the coordination of benefits information for the FDIC Dental and Vision plans, FEHB, and FEDVIP.
- If you decide to enroll, examine the 2008 brochure of the plans in which you are interested to ensure the benefits and premiums meet your needs and the plan is available in your area;
- See page 10 for information on how to enroll.
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