Friday, March 21, 2014

Happy New Year!

OPM released the 2015 call letter for FEHB carrier benefit and rate proposals today. Here's a link to the document. Just like the NFL's new year begins when free agency starts, the FEHBP contract year begins when OPM issues the call letter. OPM will be discussing the call letter with FEHBP carriers at the OPM AHIP carrier conference in beautiful Arlington, VA next Friday. Carriers are allowed until May 31, 2014, to submit their 2015 benefit and rate proposals. OPM seeks to approve the proposals by mid-August, and then Open Season begins in early November for about six weeks. This is the Program's Super Bowl to carry on the NFL analogy. Now it's back to the NCAA tournament.

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