Randy,
At one point in the health care debate, Sen. Blanche Lincoln (D-ARK) proposed using the Federal Employees Health Benefits Program as one of the options people could have for their insurance. In other words, open up the FEHBP to a much wider swath of the population. I don't think the proposal got anywhere, but I'm not sure why. What would be the pros and cons of opening up that program to the general population?
Se. Ron Wyden of Oregon pays $4279/year for his insurance plan for himself and his family through the FEHBP. (He chooses the most popular plan in the FEHBP that covers about 8.5 million Federal employeees. I read somewhere that comparable insurance would cost $1450/month in places like New York and California. (I'm not sure where I read that.) If this is true, it would seem to make some sense to open FEHBP to the general population. This would have the added advantage of not creating another Federal bureaucracy. (I believe the plan is administered by the Office of Personnel Management.) I'm wondering why this proposal didn't get more support.
Bladerunner
Market Data 
Markets 
AI
