Consumer Option

MHBP Consumer Option & Rates

MHBP Consumer Option is your High Deductible Health Plan (HDHP) with a Health Savings Account (HSA), providing you with traditional medical coverage and helping you build savings for future medical expenses. To get the ball rolling, it’s important that you first open your Health Savings Account.

Learn more about your Consumer Option benefits. Consumer Option features affordable rates, great benefits, tax advantages, savings opportunities and greater control in this non-traditional health plan:

• Immediate preventive care benefits, including an annual physical and certain screenings are covered 100% when you use PPO providers (no non-PPO benefits).
• Protection from catastrophic health care costs and comprehensive coverage
• Low copayments—After you meet your deductible, you are eligible to pay only low copayments and coinsurance for your covered care.
• Up to $1,690 for family coverage per year to spend on qualified medical expenses—the money is yours to keep—spend it or save it.
• A Health Savings Account (HSA)—that you own. We’ll help you open the account (when you complete the enrollment form), which doesn’t cost you anything, and make monthly deposits. You can make deposits too. All deposits are fedaral tax-free (up to IRS defined limits).
• A debit card gives you convenient access to your HSA funds.  Use it at the point of sale to pay for qualified medical expenses.
• Rollover funds from year to year—there is no “use it or lose it” rule. Any unused funds in your HSA roll over from year to year, allowing you to accumulate funds for future health care expenses.

View the Consumer Option Summary of Benefits or refer to the official Plan brochure.

2012 Consumer Option Rates

Topic	Non-Postal Biweekly	Postal Biweekly Category 1	Postal Biweekly Category 2	Annuitant Monthly
Consumer OptionSelf Only (481)	$53.34	$35.20	$33.07	$115.57
Consumer OptionSelf & Family (482)	$120.86	$79.77	$74.93	$261.86

Non-postal rates apply to most non-postal enrollees. If you are in a special enrollment category, refer to the FEHB guide for that category or contact the agency that maintains your health benefits enrollment.

Postal rates apply to career Postal Service employees. Most employees should refer to the FEHB Guide for United States Postal Service Employees, RI 70-2. Different postal rates apply and a special FEHB guide is published for Postal Service Inspectors and Office of Inspector General (OIG) employees (see RI 70-2IN).

* Postal rates do not apply to non-career postal employees, postal retirees, or associate members of any postal employee organization who are not career postal employees. Refer to the applicable FEHB Guide.