Mail handlers benefit plan standard option
The Mail Handlers Benefit Plan (MHBP) Standard Option is a health insurance plan offered by the United States Postal Service (USPS) to its employees. Here are some key features of the Standard Option:
Eligibility: The Standard Option is available to all USPS employees who are enrolled in the MHBP, including full-time and part-time employees, as well as retirees and their dependents.
Coverage: The Standard Option provides comprehensive health insurance coverage, including:
- Medical services (inpatient and outpatient)
- Prescription drugs
- Mental health and substance abuse services
- Maternity care
- Pediatric care
- Preventive care (e.g., routine check-ups, vaccinations)
Network: The Standard Option uses a network of healthcare providers, including doctors, hospitals, and other medical facilities. You can choose from two network options:
- The Standard Option Network: This network includes a wide range of healthcare providers, including many major hospitals and medical centers.
- The Select Network: This network is a smaller, more limited network of healthcare providers, which may offer lower out-of-pocket costs.
Premiums: The Standard Option premiums are based on your age, salary, and family size. You can pay your premiums through payroll deductions or by paying the full amount each month.
Deductible: The Standard Option has a deductible, which is the amount you must pay out-of-pocket for medical expenses before your insurance coverage kicks in. The deductible varies depending on your age and family size.
Coinsurance: After you meet your deductible, you'll pay a coinsurance amount (usually 20%) for medical expenses. The plan pays the remaining 80%.
Out-of-pocket maximum: The Standard Option has an out-of-pocket maximum, which is the maximum amount you'll pay for medical expenses in a calendar year. Once you reach this maximum, the plan pays 100% of your eligible expenses for the rest of the year.
Other benefits: The Standard Option also offers additional benefits, including:
- Vision care: The plan offers vision care coverage, including eye exams, glasses, and contact lenses.
- Dental care: The plan offers dental care coverage, including routine cleanings, fillings, and crowns.
- Hearing aids: The plan offers hearing aid coverage for employees and their dependents.
- Wellness programs: The plan offers wellness programs, including fitness classes, health coaching, and disease management programs.
Changes: The Standard Option is subject to change each year, based on factors such as medical inflation, changes in healthcare costs, and changes in federal regulations. The USPS may also make changes to the plan's benefits, premiums, or network providers.
Overall, the Mail Handlers Benefit Plan Standard Option is a comprehensive health insurance plan that provides a range of benefits and coverage options to USPS employees and their dependents.