How do Federal employees enroll in Premium Conversion?
Participation in premium conversion
is automatic for eligible employees.
Can I choose not
to enroll or participate in premium conversion?
Yes, but you need to opt-out or waive participation in
premium conversion. You must file a
waiver form by the date set by your agency, but not later than the day before
the effective date of coverage.
Can I
change my premium conversion participation status?
You may change your participation
status in premium conversion during the annual FEHB open enrollment period,
or during the calendar year if you have a qualifying life event. Qualifying life events include marriage, birth
of a child, or change in a spouse's employment.
What happens if I am enrolled in premium conversion and leave the
Government before the end of the calendar year?
Enrollment or participation in
premium conversion ends if you terminate or are terminated from Federal
government employment. If you are
eligible and elect to participate in Temporary Continuation of Coverage
(TCC), you pay those premiums directly on an after-tax basis.