Employee Benefits: Insurance
Group Health Benefits Program
A voluntary health insurance program is available to you and your family for protection against the cost of illness and accident. You may select from a variety of plans, including fee-for-service, health maintenance organization, and point-of-service plans based upon your geographic location. The cost depends upon the plan selected. The Government pays a portion of the membership cost, usually about 70 percent. Your cost is deducted on a pre-tax basis from your bi-weekly pay.
Group Dental and Vision Programs
In addition to a group health plan, you have the option of enrolling in a separate dental and/or vision health plan. The cost depends upon the plan selected. You are responsible for the full cost of the dental and vision insurance premiums. Your cost is deducted on a pre-tax basis from your bi-weekly pay.
Group Life Insurance
You may purchase group life insurance to provide life and accidental death and dismemberment coverage. There are two kinds of insurance available:
Basic Coverage - The amount of basic insurance is directly related to your basic salary. Coverage for the basic is automatic unless you sign a waiver of coverage. The Government contributes approximately one-third of the cost of the basic coverage.
Optional Coverage - If you are covered by basic insurance, you may elect one or more optional insurance plans depending upon your personal and family needs. Two options provide additional coverage on your life while another offers coverage for your spouse and/or eligible children. You are responsible for the full cost of any optional insurance elected.
Injury Compensation Plan
The Federal Employees' Compensation Act (FECA) provides pay, medical care and assistance, vocational rehabilitation and reemployment rights if you sustain a disabling injury while performing your official duties.