BCBS, also sometimes colloquially known as “The Blues,” owns 36 different insurance companies. These health insurance companies, which operate independently, locally, and nationwide, together make up the BlueCross BlueShield network — or Blue System. With such an extensive network at their disposal, it is no surprise that BlueCross BlueShield is able to offer plans suitable for any level of care and financial situation.
BlueCross BlueShield provides coverage to over 50% of all federal employees. Their Federal Employee Program offers three different options for federal employees, retirees, and their family members. These insurance option for federal employees include:
Federal Employee Program Plans
The standard option is ideal for individuals who want flexibility. It allows people to get addiction treatment from a wide selection of in-network rehabs, but policyholders also have the option of signing up for care at an out-of-network rehab.
The basic option has slightly less comprehensive coverage than the standard option, but clients who are okay with staying within BlueCross BlueShield’s network benefit from having to pay no deductibles.
FEP Blue Focus
FEP Blue Focus is BCBS’s most budget-friendly plan, offering in-network coverage with limited out-of-pocket expenses.
Individual and Family Plans
BlueCross BlueShield also offers a wide range of family plans and individual plans. The details of these plans vary from state to state. In general, however, they can be divided into 3 or 4 categories, ranging from Bronze to Platinum. The bronze plans, which offer the least comprehensive coverage, have lower monthly costs. Meanwhile, platinum plans have somewhat higher monthly premiums but offer flexible and comprehensive coverage. BCBS does not offer the platinum plan in every US state. For most healthy people, the bronze-level plan is sufficient.
The bronze-level plan with BCBS covers approximately 60% of medical fees. Policyholders pay a minimal monthly payment but have a high deductible.
The silver-level BCBS plan covers approximately 70% of medical fees. Policyholders have a somewhat higher monthly premium. Their deductible is lower than the bronze plan.
The gold-level BCBS plan covers roughly 80% of medical fees. Policyholders are responsible for a higher monthly payment, and their deductible is lower than the silver plan.
The platinum plan, which is available in some US states, covers approximately 90% of medical fees. Of all BCBS’s plans, it has the highest monthly premium, but it has the lowest deductible and out-of-pocket expenses.