Premium Conversion Policies Finalized

The Office of Personnel Management has published final rules carrying out the “premium conversion” provision in which active employees (but not retirees) may pay Federal Employees Health Benefits program premiums with pre-tax dollars. Premium conversion has been in place for three years; the rules finalize policies that have been in effect during that time and provide fuller explanations on some points. For excerpts from the rules, which address issues including restrictions on changing coverage while under premium conversion, the effects of going into non-pay status and others, go to https://www.fedweek.com/HotFreeNews/default.asp in the hot free info section of our website.