Federal Diary: Health insurance costs rise at lower rate, but they still rise

The good news and the bad news is that health insurance premiums for non-postal federal employees and all retirees will increase an average of 3.8 percent in 2012. The increase certainly is much lower than the 7.3 percent jump for this year. But when your pay is frozen, as federal pay is through this year and next, the premium boost amounts to another hole in your wallet. The 3.8 percent is the average overall increase, including the government and employee shares,” according to the Office of Personnel Management. “The employee increase will average 3.5 percent.” Read full article >>

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