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>US Postal Service Wants Out Of Government-Provided Health Insurance

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US Postal Service Wants Out Of Government-Provided Health Insurance
By Patrick Burke
March 30, 2012

(CNSNews.com) – The United States Postal Service (USPS) is currently working towards delivering a private health insurance plan to its employees and wants to opt out of the Federal Employee Health Benefits Plan (FEHBP.)

“If provided the authority to do so, we believe that we can provide our employees and retirees with the same or better health coverage for significantly less cost, ” said Postmaster General and CEO Patrick Donahoe during his testimony to the House Oversight Committee.

The financially strapped USPS recently released a plan to cut costs by 2016 to adapt to a marketplace in which there is less demand for hand delivered mail.

https://cnsnews.com/news/article/us-postal-service-wants-out-government-provided-health-insurance

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