About Us Image

You pay 100% of the premiums for your FEGLI Option B coverage. Unlike your Basic Life coverage which offers a level premium for all employees; Option B charges based on your age and the premiums increase every 5 years. Since Option B provides the most life insurance coverage under FEGLI it's the most expensive.

FEGLI charges the same rates regardless of whether or not you smoke, your overall health or if you are a male or female. If you don’t smoke and are reasonably healthy or if you are a female you may be overpaying for your Option B coverage.

BBB logo
Medical Gap – Inpatient or Inpatient & Outpatient (Combo)

The medical gap insurance coverage is available during open enrollment 11/15/18 - 1/31/19.

Rising Health Care Costs Got You Down? Don't fret, we'll show you how to save money on those out-of-pocket expenses!

With the cost of your FEHB program increasing, like an average of  6.4% in 2016, you're faced with a tradeoff: better coverage & higher premiums VS less coverage and lower premiums. Frustrating to say the least.

What you need now is a way to offset those costs.

FedAdvantage’s Medical Indemnity Insurance plan, available to all civilian federal employees, reduces your out-of-pocket costs (think deductibles, copays, and co-insurance) with a choice of either inpatient or in/out patient expenses. It's peace of mind protection for both you and your family.

 
There Are Two Plan Options:
 
 Plan APlan B
  CoverageInpatient OnlyInpatient & Outpatient
  Inpatient$5,000$5,000
  OutpatientN/A$2,500
  Combined Single LimitN/A$5,000

  • Works with all FEHB plans
  • Affordable
  • Payments made by our plan will be credited toward the inpatient deductibles and co-insurance limits of your health plan.
  • Payments made by our plan can be made to either you or your medical providers.
  • Everyone currently enrolled on your health plan, is eligible to enroll on this plan.
  • Guarantee issue – No medical questions are required.
  • Premiums do not increase with age.
  • The plan uses itemized bills and your health plan’s Explanation of Benefits (EOB) statement, as the basis for determining what is covered.
  • A great alternative to a Flexible Spending Account (FSA).

How it Works:
 
See examples for how Inpatient Medical Expense Insurance works.


 

Benefit Questions? Call 1-800-791-0936