Eligible employees have 60 days after entering on duty date to make health insurance decisions and 31 days for life insurance benefits. Take a minute to review the available insurance programs. On your first day you will receive additional benefits information and your HR Processing and Records representative. FastFacts provides additional insurance benefits information for New Federal Employees.
|Federal Employees Health Benefits (FEHB) Program||FEHB provides comprehensive health insurance. You can choose from fee-for-service plans, health maintenance organizations, consumer-driven plans and high deductible health plans. Generally, premiums for your enrollment are shared by you and your Federal agency.|
|Federal Employees Dental and Vision Insurance Program (FEDVIP)||FEDVIP provides comprehensive dental insurance and vision insurance. You can choose from seven dental plans and three vision plans. FEDVIP features nationwide, regional, and international plans. You pay the entire premium.|
|Federal Employees’ Group Life Insurance Program (FEGLI)||FEGLI provides group term life insurance. If you are in a FEGLI-eligible position, you are automatically covered under Basic life insurance, unless you choose to waive that coverage. Generally, premiums for Basic insurance are shared by you and your Federal agency. You can also elect Optional insurance for you, and/or your eligible family members, and pay the entire premium for that coverage.|
|Federal Long Term Care Insurance Program (FLTCIP)||FLTCIP offers insurance that helps cover the costs of certain long term care services. Long term care is the assistance you receive to perform activities of daily living or supervision you receive because of a severe cognitive impairment. Your premium is based on your age on the date you apply as well as the benefit options you select. The FLTCIP is medically underwritten. Certain medical conditions, or combinations of conditions, will prevent some people from qualifying for coverage.|
|Federal Flexible Spending Account Program (FSAFEDS)||FSAFEDS provides a way for you to save money on health care and/or child care/elder care expenses. You set aside money from your salary BEFORE taxes are withheld, incur eligible expenses and receive reimbursement. Enrolling in FSAFEDS lowers the amount of income tax you pay because the salary you set aside for FSAFEDS is not taxed. That’s how you save money with FSAFEDS - you pay less tax.|
|Thirft Savings Plan (TSP)||The Thrift Savings Plan (TSP) is a retirement savings and investment plan for Federal employees.|