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The Blue Cross Blue Shield Federal Employee Program (FEP) is a nationwide option under the Federal Employees Health Benefits Program (FEHB) for U.S. federal government employees and retirees, and has been part of FEHB since FEHB's inception in 1960. [18]
The government contributes 72% of the weighted average premium of all plans, not to exceed 75% of the premium for any one plan (calculated separately for individual and family coverage). [1] The FEHB program allows some insurance companies, employee associations, and labor unions to market health insurance plans to governmental employees.
Blue Cross Blue Shield insurers offer some form of health insurance coverage in every U.S. state, and also act as administrators of Medicare in many states or regions of the United States, and provide coverage to state government employees as well as to federal government employees under a nationwide option of the Federal Employees Health ...
In 1960, the newly established Federal Employees Health Benefits (FEHB) Act of 1959 provided all Federal employees, annuitants, and eligible family members with the opportunity to voluntarily enroll in a group health benefits program with the government sharing the cost of participation. [2]
HIX (Health Insurance eXchange) is emerging as the de facto acronym across state and federal government stakeholders, and the private sector technology and service providers that are helping states build their exchanges. [citation needed] The acronym HIX differentiates this topic from health information exchange, or HIE. [88]
Blue Cross Blue Shield (BCBS) is an association of insurance companies in the United States that offer Medicare Advantage in every state, Washington D.C., and Puerto Rico. Glossary of Medicare terms