The Office of Personnel Management (OPM) announced and posted the 2022 Federal Employee Dental and Vision Insurance Program (FEDVIP) plans and premiums Sept. 29. OPM manages the health, dental and vision insurance programs for federal civilian employees. Military retirees, and their beneficiaries, enrolled in TRICARE have been eligible to utilize FEDVIP programs since 2019.
[NOV. 2 MOAA WEBINAR: TRICARE, Medicare, and FEDVIP Open Season]
The overall average dental premium will increase by 0.81% and vision will increase by 0.95%. FEDVIP features 23 dental plan options and 10 vision plan options. Plan premium rates are locality based. You can find your region and plan premiums by downloading the Microsoft Excel files at this OPM link.
OPM has promised that the Benefeds Comparison Tool will have 2022 pricing by the start of the FEDVIP open season on Nov. 8, 2021. The 2022 TRICARE and FEDVIP open season will conclude at midnight on Dec 13, 2021.
MOAA strongly recommends comparing next year’s pricing to this year’s premium to ensure you are satisfied with your dental and/or vision plan. If you take no action during the open season, you will be automatically “rolled over” to the same plan with new pricing on Jan. 1, 2022.
[MORE FEDVIP INFORMATION: BENEFEDS.com]
MOAA financial and benefits educators will conduct an open season webinar next month, in time to help inform your choice. Register for the Nov. 2 event at this link.