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U.S. Postal Service employees and their dependents now know the health insurance that will be available to them next year as part of a new exchange.
Office of Personnel Management officials said on March 12 that the agency had conditionally approved 32 carrier applications to provide insurance coverage on the new Postal Service Health Benefits Program, with the plans servicing 1.9 million USPS employees, annuitants and eligible family members starting Jan. 1.
The PSHB, established by the 2022 Postal Service Reform Act, provides USPS employees, retirees and dependents their own health insurance exchange, while officially moving them off of the larger Federal Employees Health Benefit Program in 2025.