What does FEP mean in insurance?

ABOUT THE BLUE CROSS AND BLUE SHIELD SERVICE BENEFIT PLAN (FEP®) The Blue Cross and Blue Shield Service Benefit Plan, also known as the Federal Employee Program® (FEP®), has been part of the Federal Employees Health Benefits (FEHB) Program

Federal Employees Health Benefits (FEHB) Program
The Federal Employees Health Benefits (FEHB) Program is a system of "managed competition" through which employee health benefits are provided to civilian government employees and annuitants of the United States government.
https://en.wikipedia.org › wiki › Federal_Employees_Health_…

since its inception in 1960.

What is the FEP briefly describe it?

The Federal Employee Program (FEP) is a nationwide Federal Employees Health Benefits program administered through local Blue Cross and Blue Shield Association plans. This program should not be confused with HMSA's Federal Employees Health Benefits (FEHB) program (coverage code 87).

What is the most popular federal health insurance?

1 Nationally for Federal Employee Health Benefits. Albany, NY – February 3, 2021 – CDPHP is proud to announce that it is ranked No. 1 in the nation for federal employee health benefits (FEHB) for the second year in a row.

What health insurance do most federal employees have?

Federal Employees Health Benefits (FEHB

Federal Employees Health Benefits (FEHB
What is the Federal Employees Health Benefits (FEHB) Program? The FEHB Program is the largest employer-sponsored group health insurance program in the world, covering almost 9 million people including employees, annuitants, and their family members, as well as some former spouses and former employees.
https://www.opm.gov › publications-forms › pamphlets

) Program http://www.opm.gov

Our Agency

The U.S. Office of Personnel Management (OPM) serves as the chief human resources agency and personnel policy manager for the Federal Government.

https://www.opm.gov › about-us

/healthcare- insurance/healthcare/ FEHB provides comprehensive health insurance. You can choose from fee-for-service plans, health maintenance organizations, consumer-driven plans and high deductible health plans.

How do I choose the best FEHB plan?

The best strategy to choose a plan is to use the estimated yearly cost for a family like yours as the primary factor in plan selection. This considers that none of us can predict whether we may have a heart attack, a stroke, cancer, or other costly conditions that can strike unexpectedly.

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