OPM Issues Final Rule on Federal Employees Dental and Vision Insurance Program
| Targeted News Service |
Federal Employees Dental and Vision Insurance Program; Qualifying Life Event Amendments
A Rule by the Personnel Management Office on
Publication Date:
Agency:
Dates: This rule is effective
Effective Date:
Entry Type: Rule
Action: Final rule.
Document Citation: 79 FR 41405
Page: 41405 -41406 (2 pages)
CFR: 5 CFR 894
RIN: 3206-AM57
Document Number: 2014-16660
Shorter URL: https://federalregister.gov/a/2014-16660
Action
Final Rule.
Summary
DATES:
This rule is effective
FOR FURTHER INFORMATION CONTACT:
SUPPLEMENTARY INFORMATION:
The Federal Employee Dental and Vision Benefits Enhancement Act of 2004 provided OPM the opportunity to establish arrangements under which supplemental dental and vision benefits were made available to Federal employees, retirees, and their family members.
FEDVIP is available to eligible Federal and Postal employees, retirees, and their eligible family members on an enrollee-pay-all basis. This program allows dental and vision insurance to be purchased on a group basis with competitive premiums and no pre-existing condition limitations for enrollment. Premiums for enrolled Federal and Postal employees are withheld from salary on a pre-tax basis.
Regulatory Impact Analysis
OPM has examined the impact of this proposed rule as required by Executive Order 12866 and Executive Order 13563, which directs agencies to assess all costs and benefits of available regulatory alternatives and, if regulation is necessary, to select regulatory approaches that maximize net benefits (including potential economic, environmental, public, health, and safety effects, distributive impacts, and equity). A regulatory impact analysis must be prepared for major rules with economically significant effects of
Regulatory Flexibility Act
I certify that this regulation will not have a significant economic impact on a substantial number of small entities because the regulation only adds flexibility to the current enrollment process.
Executive Order 12866, Regulatory Review
This rule has been reviewed by the
Federalism
We have examined this rule in accordance with Executive Order 13132, Federalism, and have determined that this rule will not have any negative impact on the rights, roles and responsibilities of State, local, or tribal governments.
Director.
[*Federal RegisterVJ 2014-07-16]
For more information about
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| Copyright: | (c) 2014 Targeted News Service |
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