Since eligible PSHB participants aren’t required to be enrolled in Medicare Part D — the section of Medicare that provides coverage of prescription drugs — OPM has planned for an option to opt out of the coverage, if a PSHB participant desires. But there is a crucial catch: Medicare-eligible USPS annuitants who opt out of … Read more
USPS employees may participate in an upcoming virtual seminar on the new Postal Service Health Benefits (PSHB) Program. The session will be held Tuesday, July 30, from noon to 1 p.m. Eastern. PSHB — which takes effect in 2025 — is a new, separate program within the Federal Employees Health Benefits Program and will be … Read more
Special Enrollment Period: If you were an annuitant entitled to Medicare Part A (typically at age 65) as of Jan. 1, 2024, and did not enroll in Medicare Part B, you and your covered eligible family members may be able to participate in a one-time PSHB Special Enrollment Period (SEP) for Medicare Part B from … Read more
The Office of Personnel Management issued its final rule establishing the health benefits program for U.S. Postal Service employees, annuitants and beneficiaries, offering small clarifications ahead of an anticipated Jan. 1 rollout. The Postal Service Health Benefits program, established by the 2022 Postal Service Reform Act, will provide an estimated 1.9 million USPS employees, retirees and … Read more
USPS is holding a series of virtual seminars on the new Postal Service Health Benefits (PSHB) Program that takes effect Jan. 1, 2025. PSHB is a new, separate program within the Federal Employees Health Benefits Program and will be administered by the U.S. Office of Personnel Management. USPS employees, annuitants and eligible family members are … Read more
Postal Services Health Benefits Program Will Provide a Customer Friendly System Covering Nearly Two Million USPS Employees, Annuitants, and Family Members Washington, D.C. – The U.S. Office of Personnel Management (OPM) released a list of conditionally approved carrier applicants today to participate in OPM’s new Postal Service Health Benefits (PSHB) Program for U.S. Postal Employees and … Read more
Video 1 – Intro to PSHB and Medicare Video 1 gives background on the Postal Service Reform Act of 2022 (PSRA) which created the PSHB Program, a new, separate program within the Federal Employees Health Benefits (FEHB) Program. Video 1 also covers how the PSHB Program integrates with Medicare Part B, and enrollment such as open … Read more
There are 29 FEHB plans offering a total of 38 options that continue to reimburse some or all of the Part B premium for members enrolled in the plan’s Medicare Advantage Plan and Medicare Part B: Aetna Advantage (Advantage Option) Aetna Direct (Consumer Option) APWU (High Option) Compass Rose (High Option) Foreign Service Benefit Plan … Read more
Open season, the once-a-year opportunity for Postal Service employees to make changes to their health coverage or choose a new plan, is Nov. 13-Dec. 11.
These trifold brochures will be mailed to all USPS employees and retirees on July 1, 2023. These provide information on Postal Service Health Benefits (PSHB) for employees and annuitants.