The Office of Personnel Management (OPM) announced and posted the 2023 Federal Employee Dental and Vision Insurance Program (FEDVIP) plans and premiums last month. 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.
The overall average dental premium will increase by 0.21% and vision premiums will decrease by 0.41%. FEDVIP features 12 dental plan providers and 5 vision plan providers. All but one dental provider offers “standard” and “high” plan options. Standard plans have lower monthly premiums (usually half of the high option) but higher co-pays. Plan premium rates are locality based.
MOAA's Open Season Webinar
MOAA conducted its annual open season webinar Nov. 1, providing an in-depth review of:
- Open season dates and deadlines for Medicare, TRICARE, and the Federal Employees Dental and Vision Insurance Program (FEDVIP)
- Original Medicare vs. Medicare Advantage plans
- The Uniformed Services Family Health Plan (USFHP)
- FEDVIP plan terminology
- The FEDVIP and TRICARE websites, including an online tour of available resources and plan comparison tools.
Access the webinar at the links below.
The BENEFEDS Comparison Tool has both 2022 and 2023 pricing available for comparison. The 2023 TRICARE and FEDVIP Open Season began Nov. 14 and concludes at midnight Dec. 12. Changes to your dental and vision coverage take effect Jan. 1, 2023.
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, 2023.
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