Page 59 - The Informed Fed--Hearn (edited 10.29.20)
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employees must state how much they want to contribute for the
                       year.
                   •  All federal health plans are required to have a no pre-existing
                       condition clause. This allows federal employees to move from
                       one plan to another during open season each year without being
                       concerned about any existing health conditions. Each plan must
                       take your enrollment no matter what your health condition. This
                       continues even when you are retired.
                   •  Each plan also is required to have a maximum out-of-pocket
                       limit for the year. If you reach that limit, you will not be required
                       to pay any further expenses, co-pays and deductibles due to this
                       limit. The amount of the out-of-pocket limit varies from plan to
                       plan, so you will want to be sure you understand the maximum
                       amount you would have to pay out of your own pocket for the
                       plans you are considering.
                   Here are some standard definitions you may want to become familiar
               with:
                   FEHB – Federal Employee Health Benefits
                   FEDVIP – Federal Employee Dental and Vision Insurance Plan
                   PCP – Primary Care Physician
                   FSA – Flexible Savings Account
                   HSA – Health Saving Account
                   HMO – Health Maintenance Organization
                   PPO – Preferred Provider Organization
                   FFS – Fee-For-Service Plan
                   HDHP – High Deductible Health Plan
                   IOU – What you see if you don’t have good insurance

               Traditional Types of Health Plans

                   HMO--Health  Maintenance  Organization.  This  is  coverage
               where  you  choose  a  primary  care  physician  from  a  list  of  member


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