Welcome to allFeds where federal employees can enhance their benefits and save money.

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At allFeds we concentrate on enhancing benefits in four areas...life insurance, supplemental long term disability insurance , long term care insurance, and discount dental benefits. In each area our goals are simple...to improve your coverage, reduce your costs and secure your financial protection.
AllFeds.com is privately owned and is not operated by or endorsed by the federal government or OPM.



Life Insurance

Most federal employees can greatly improve their life insurance portfolio by comparing their Federal Employee Group Life Insurance...FEGLI Option "B" with coverage available in the commercial marketplace. Through our affiliation with fegli.net, you can compare your FEGLI Option "B" with the top carriers in the country such as Banner, Prudential, Genworth, ING/Reliastar and Transamerica. In most cases, we are able to save the federal employee 50-80% off the published government rates for their group policy. For most employees over 50, these savings will exceed $100,000 over twenty years. It is possible to pay for the supplemental disability or long term care insurance programs with just the savings from this life insurance comparison.

Life Insurance →

Long Term Disability

MetLife has revised and improved their FedAdvantage supplemental Long Term disability Insurance plan. The new FedAdvantage now offers three choices, Short Term Disability Insurance payable for up to twelve months, Long Term Disability Insurance payable up to age 65 and a new combined plan offering coverage after only 30 days with benefits payable up to age 65. The new FedAdvantage plan replaces 67% of salary with benefits up to $10,000... tax-free. The FedAdvantage plan is a guaranteed acceptance plan with no medical exam required.

Now, all civilian federal employees have the opportunity to protect their most valuable asset, their income, against an unforeseen, catastrophic event.

Long Term Disability →

Long Term Care

The federal government recently raised their rates for FLTCIP or the Federal Long Term Care Insurance Plan. We offer comparisons with the top private carriers in the LTC marketplace....Genworth, Prudential, John Hancock and Transamerica to name a few. We are able to offer significant benefit enhancements not offered under the federal program and in most cases under age 65 offer substantial savings.

Long Term Care →

Dental Benefits

allFeds, in affiliation with Dental Plans.com announces allfedsDentalPlans.com, a national dental discount plan with more than 30 national and regional discount plans and over 100,000 participating dentists nationwide. allFedsDentalPlans offers an affordable, hassle-free alternative to the federal dental program. Plan highlights include no deductibles, no annual benefit limits, no waiting period for major services, no claim forms, no pre-existing condition exclusions and annual savings of 70-90%. discounts included for orthodontia and cosmetic services. Coverage can be activated within three days. Initial enrollment includes "three free months"

Dental Benefits →

allFeds Blog

Federal Employee Saves $569,000!

May 18th, 2013  |  Published in federal life insurance, federal retirement, fegli, fegli option b, fers retirement, life insurance, life insurance for women

Federal Employee replaces FEGLI Option “B” and saves $569,000…GUARANTEED!

When our client, male age 55 in excellent health, contacted Allfeds.com, he was hoping to preserve his Federal Employees’ Group Life Insurance, Option ”B”, into retirement and reduce the costs going forward. Little did he know he could save half a million dollars. Due to his excellent profile he qualified for the super-preferred rate with a guaranteed thirty year savings of $569,000 or 80%.

Needless to say, our client was thrilled with the Allfeds.com program…

“Obviously, I would have to convey, overall, my satisfaction with the product as well as the service I received. I appreciate your openness, honesty, and friendly assistance throughout the process.

As far as the policy, the numbers speak for themselves. In my case, I will maintain the same level of Term Life insurance at the same price I am paying now – for 30 years, as opposed to rapid and sharp increases that I would have endured had I remained within FEGLI and chose to maintain the existing coverage.”

Additionally, a female employee with a similar profile would get an additional 28% discount, bringing her guaranteed thirty year savings to $600,000. As we wrote last fall, “women pay too much for FEGLI Option “B”.

So here’s the thought for the day…healthy federal employee should strongly consider comparing FEGLI Option “B” with top rated commercial carriers.

For your free comparison, go to allfeds.com.

Do women pay too much for FEGLI Option “B”?

September 17th, 2012  |  Published in Uncategorized  |  1 Comment

It has long been known that Federal Employees’ Group Life Insurance Option “B”…better known as FEGLI Option “B”…is generally not a good deal for healthy federal employees. What has not been widely discussed is whether FEGLI Option “B” is a demonstrably worse proposition for healthy women.

In the commercial market place, life insurance rates for men are 30%-50% higher than those for women due to standard mortality tables. No such rate consideration is afforded women under the FEGLI Option “B” rate structure. That means that women are paying more than they need to for similar coverage or getting substantially less coverage than they could get for the same premium, outside the FEGLI program.

Reviewing the “same benefit” comparison of $500,000 illustrates that a female with average health could reduce her FEGLI Option “B” costs by 35% initially and 77% over twenty years…a guaranteed $75,000 savings over twenty years. These savings would increase to $84,000 or 86% for women in excellent health.

Reviewing the “same premium” comparison of a $1,000 premium illustrates that a healthy women, age 45,  can increase her FEGLI Option “B” benefit from $500,000 to $1 million and still reduce her twenty year costs by 70%…she can double her benefit and still save $40,000…guaranteed!.

AllFeds.com has recently added a new thirty year comparison where the savings can be unbelievable…a 54 year old female in excellent health with $500,000 FEGLI Option “B” can save $325,000 over the next thirty years…guaranteed!

So here’s the question…if your HR office came to you with the option of doubling your current FEGLI Option “B” coverage or reducing your twenty year costs by 50-80% and the new policy was completely portable when you left the government…would you be interested?

Please note that while there are considerations other than cost, women need to do their research regarding these substantial discounts outside the government. It is not unusual for federal employees to lock in guaranteed savings well in excess of $100,000. Those savings add $400 – $500 to your monthly retirement!

So, do women pay too much for Federal Employees’ Group Life Insurance Option “B”….you make the call!

 

 

FedAdvantage Disability Plan for Federal Air Traffic Controllers

May 2nd, 2012  |  Published in Uncategorized

Federal Air Traffic Controllers have long sought a quality, comprehensive long term disability plan. Finally, MetLife has made their FedAdvantage disability plan available to ALL Federal Air Traffic Controllers.

FedAdvantage highlights include the following:

  • Guaranteed acceptance
  • up to $10,000 monthly benefit
  • Benefits payable to age 65
  • monthly benefits up to 60% or 70% tax free
  • Coverage includes work related disability
  • Portable if you leave the government
  • Convenient federal payroll deduction

For years, many–but not all–controllers have had access to the National Air Traffic Controllers Association or NATCA, plan. The FedAdvantage plan is not limited to any class of controller…it is available to all Federal Air Traffic Controllers!

Please take a minute to review the attached  comparison between the NATCA plan and MetLife’s FedAdvantage plan…

Air Traffic Controllers FedAdvantage Long Term Disability Insurance

FedAdvantage Disability Plan for Federal Air Traffic Controllers vs NATCA

 

Quality Long Term Disability Plan for Federal Air Marshals

January 25th, 2012  |  Published in Uncategorized

Federal Air Marshals or FAMs have long been looking for a quality, supplemental, long term disability plan. Finally they have access to the FedAdvantage supplemental disability plan underwritten by MetLife and offered through allFeds.com. Whether it’s the guaranteed acceptance, $10,000 tax-free monthly benefit or benefits payable to age 65, the FedAdvantage plan has been very well received by FAMs throughout the country. This same plan is also available to all federal law enforcement, including FBI, Secret Service, NCIS, CIA, NSA and DEA.

It is literally possible for every eligible and interested federal law enforcement officer to be enrolled and covered within thirty days.

Plan highlights include the following:

Guaranteed acceptance…no exam…no medical questions

Tax-free benefits up to $10,000 per month

Choice of 60% or 70% of salary

Benefits payable up to age 65

Partial or residual disability coverage

Coverage for work related disability

Cost of living rider on 70% plan

For an individual quote based on your personal profile, please visit allFeds.com or call 1-888-330-1790.

 

Federal Benefits Open Season 2011…a great time to review all federal benefits!

November 19th, 2011  |  Published in Uncategorized

Federal Benefits Open Season 2011 runs from 11/14/11 through 12/12/11. While the major emphasis of this open season is the Federal Employee  Health Benefits or FEHB, it is also a great time to review other benefits available through the federal system as well as those areas where the federal benefits are inadequate.

Federal Employee Group Life Insurance Option “B” or FEGLI Option “B” is offered to federal employees in multiples of salary…1–5 x salary. In most cases, healthy individuals can reduce these FEGLI Option “B” costs by 50-80% simply by comparing with top commercial carriers. At allFeds.com  FEGLI calculator , we provide instant side by side comparisons between the federal program and the top commercial carriers in the industry. In 2011, our average client has been able lock in guaranteed twenty year savings of over $100,000. To verify our comparison, please check the federal rates using the Federal Life Insurance.

Long Term Disability Insurance has long been a major deficiency in the federal benefits program. CSRS/ FERS Disability Retirement may provide coverage if you qualify. The problem is who qualifies and how long the process takes. The new FedAdvantage supplemental disability program was recently expanded to include all civilian federal employees including contractors. The FedAdvantage is a guaranteed acceptance program with no medical exams. Benefits are payable to age 65 at 50%, 60% or 70% of salary and are received income tax free. This new program finally offers comprehensive coverage for long term disability and fills the gap that has existed for many years. In many cases, the savings from the life insurance comparisons illustrated above will cover most of the cost of this disability plan. This plan has been especially popular with Air Traffic Controllers and law enforcement such as Air Marshals, FBI, NCIS and Secret Service agents.

Long Term Care Insurance is one of the most widely discussed benefits in recent years. Between the major rate increase experienced in the Federal Long Term Care Insurance Program or FLTCIP 2.0  and the recent withdrawal of the CLASS Act, the federal LTCi market has been unsettled at best. This much is still true, healthy federal employees under age 65 can still get substantially better coverage and lower premiums through commercial carriers. Please contact us for your LTC illustration.

Federal Employees Health Benefit or FEHB is explained in great detail in this video from OPMhttp://www.opm.gov/insure/openseason/

Case Study: Female age 57 in excellent health was recently able to replace $500,000 of FEGLI Option “B” with $500,000 of twenty year level term through a top commercial carrier. Her immediate annual savings of $2,600 was enough to provide her a comprehensive $5,000 per month, income tax-free, long term disability coverage under the new FedAdvantage program AND a comprehensive Long Term Care plan through the top carrier in the marketplace. The life insurance comparison alone provided her a guaranteed twenty year savings of $219,000.

So as the Federal Benefits Open Season approaches it’s midpoint, take time to review all of your benefits. Remember, it’s your money…spend it wisely.

Happy Thanksgiving

Finally…Long Term Disability Coverage for All Civilian Federal Employees!

March 21st, 2011  |  Published in Uncategorized

For many years, the biggest gap in benefits for federal employees was long term disability coverage. MetLife has solved that problem. The FedAdvantage is a supplemental long term disability program, underwritten by MetLife, and now available to all civilian federal employees. FedAdvantage is designed to “fill in the gaps” from any sick leave or disability retirement programs offered through the federal government. With guaranteed acceptance and no medical exam required, all civilian federal employees can now protect their income against an untimely disability.

FedAdvantage plan highlights include the following:

Three plan options…Basic, Standard and Premier

Benefits paid after 30, 60 or 90 days

Benefits can replace 50%, 60% or 70% of income

Benefits may be payable to age 65

FedAdvantage benefits are paid income tax free

Partial Disability benefits

Low cost group contract

Guaranteed acceptance…no medical exam

Convenient payroll deduction

Coverage for government contractors

What does Long Term Care cost?

March 1st, 2011  |  Published in Uncategorized

An important part of planning for long-term care is deciding how to pay for services. This is because long-term care is very expensive, and contrary to what many people believe, their Medicare coverage will not pay for most of the long-term care services they need. While some people may qualify for Medicaid — the major payer of long-term care services, most people won’t. There are other federal public programs, such as the Older Americans Act, or state funded programs, that pay some long-term care services, but like Medicaid they target those people with the most functional and financial need. Consequently, if you are one of the 70% of people over the age of 65 who will need long-term care services — there’s a very good chance you will have to pay for some or all of your long-term care services out of your personal income and resources. Paying for long-term care out of your personal income and resources can be challenging. Even if you have a modest need for assistance at home with personal care, say a visit from a home health aide 3 times a week, based on 2008 average costs, you would have to pay about $18,000 a year for those services. To make the best decisions about how to pay for long-term care you need to understand what services cost, what public programs you are eligible for and what they cover, what private financing options are available, and which ones work best for you.

What Does Long-Term Care Cost?

LTC includes a broad range of health and support services that people need as they age or if they are disabled. The majority of these services are personal care, or assistance with activities of daily living that many families are able to provide all, or some of, free. But, as care and support needs increase, paid care is usually needed to supplement family provided services and supports, provide respite to family caregivers, or to pay for more extensive services in a facility, such as a nursing home or assisted living, when individuals can no longer be cared for in their homes.

There are variations in costs based on the type and amount of care you need, the provider you use, and where you live. Home health and home care services, provided in two-to-four-hour blocks of time referred to as “visits,” are generally more expensive in the evening, or on weekends or holidays. The costs of services in some community programs, such as adult day service programs, are often provided at a per-day rate, but vary based on overhead and programming costs. Many care facilities charge extra for services provided beyond the basic room-and-board charge, although some may have “all inclusive” fees.

The average costs in the United States (in 2008) are:

  • $187/day for a semi-private room in a nursing home
  • $209/day for a private room in a nursing home
  • $3,008/month for care in an Assisted Living Facility (for a one-bedroomunit)
  • $29/hour for a Home Health Aide
  • $18/hour for a Homemaker services
  • $59/day for care in an Adult Day Health Care Center

Who Pays for Long-Term Care?

If you have sufficient income and assets, you are likely to pay for your long-term care needs on your own, out of those private resources. If you meet functional eligibility criteria and have limited financial resources, or deplete them paying for care, Medicaid may pay for your care. If you require primarily skilled or recuperative care for a short time, Medicare may pay. The Older Americans Act is another Federal program that helps pay for long-term care services. Some people use a variety of payment sources as their care needs and financial circumstances change.

Long-Term Care Service Medicare Private Medigap Insurance Medicaid You Pay on Your Own*

Nursing Home Care Pays in full for days 0-20 if you are in a Skilled Nursing Facility following a recent hospital stay. If your need for skilled care continues, may pay for the difference between your co-payment of $133.50/day for days 21-100. After day 100 does not pay. May cover the $133.50/day co-payment if your nursing home stay meets all other Medicare requirements. May pay for care in a Medicaid-certified nursing home if you meet functional and financial eligibility criteria. If you need only personal or supervisory care in a nursing home and/or have not had a prior hospital stay, or if you choose a nursing home that does not participate in Medicaid or is not Medicare-certified.

Assisted Living Facility (and similar facility options) Does not pay Does not pay In some states, may pay care-related costs, but not room and board You pay on your own except as noted under Medicaid if eligible.

Continuing Care Retirement Community Does not pay Does not pay Does not pay You pay on your own

Adult Day Services Not covered Not Covered Varies by state, financial and functional eligibility required You pay on your own [except as noted under Medicaid if eligible.]

Home Health Care Limited to reasonable, necessary part-time or intermittent skilled nursing care and home health aide services, and some therapies that are ordered by your doctor and provided by Medicare-certified home health agency. Does not pay for on-going personal care or custodial care needs only (help with activities of daily living). Not covered Pay for, but states have option to limit some services, such as therapy You pay on your own for personal or custodial care, except as noted under Medicaid, if you are eligible

National Spending on Long-Term Care

The total amount spent on long-term care services in the United States (in 2005) was $206.6 billion. This does not include care provided by family or friends on an unpaid basis (often called “informal care.”) It only includes the costs of care from a paid provider.

While most information on “who pays for long-term care” presents these national figures, it is important to remember that each person’s individual experience will differ. These figures combine the experiences of everyone receiving paid care, but there are significant variations from person to person.

On an aggregate basis, the biggest share, 49 percent, is paid for by Medicaid. On an individual basis, however, “who pays for long-term care” can look very different. This is because people with their own personal financial resources do not qualify for Medicaid unless they use up their resources first paying for care, so-called “spending down”. If you have reasonable income and assets, most likely you will be paying for care on your own.

Also, while Medicare overall pays for 20 percent of long-term care, it only pays under specific circumstances. If the type of care you need does not meet Medicare’s rules, Medicare will not pay and you are likely to pay for your care on your own.

Learning more about the “rules” for when Medicare, Medicaid, other public programs or private insurance might pay for long-term care is an important part of understanding “who will pay” if and when you need care.

From: MyFederalRetirement