Health benefits – New law creates program for postal employees, others

The Postal Service reform legislation that President Biden signed into law on April 6 will involve changes to employees’ health and retirement benefits.

USPS understands that employees have many questions, so here are a few things to know:

• The law establishes the Postal Service Health Benefits (PSHB) Program, which will provide health insurance to USPS career employees, retirees and their dependents, beginning Jan. 1, 2025.

• The PSHB program, to be administered by the U.S. Office of Personnel Management, will be structured similarly to the Federal Employees Health Benefits (FEHB) Program. The employer/employee cost-sharing contributions for premiums will be determined by the Postal Service’s collective bargaining and pay consultation processes.

• USPS employees and retirees can make their PSHB plan selections during the open season benefits enrollment period that occurs in November and December 2024.

• Beginning in January 2025, the new law will require all newly Medicare-eligible USPS annuitants and their Medicare-eligible covered family members to enroll in Medicare Part B to maintain their postal health coverage.

The Postal Service will provide employees and retirees with more detailed information about the PSHB program in the months to come.


CONTINUE READING AT » USPS News Link


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What about the postal retirees who would like to go into Medicare do we have to wait until 2024

This is insane! Allowing the Postal Service collective bargaining and pay consultations services to decide our benefit plans? Jimmy Hoffa is DEAD! Will Social Security retirees be getting their own plan also as they are “ Quasi” government employees also? Being part of the FEHB as always been a perk for Postal Workers. “ If it ain’t broke, don’t fix it!

So 35 years down the drain. You’ll pay for health insurance at a rate to be determined

Last edited 2 months ago by Larry

Guarantee it’s going to be a nightmare, and retirees will get the shaft. Having Medicare & Health insurance is ignorant, and costs $200 more a month

Last edited 2 months ago by Larry
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