The Office of Personnel Management: A Power Player in America's Health Insurance Markets?
On Christmas Eve 2009, the U.S. Senate passed a mammoth health care bill that would dramatically expand the role of the U.S. Office of Personnel Management (OPM). Why should Americans care about this? OPM is the government agency that runs the federal civil service and also administers the Federal Employees Health Benefits Program--and does a decent job at both. But with its new powers, OPM would no longer merely act as referee in the annual competition among private health plans trying to attract federal workers. OPM would become the official sponsor of at least two national health plans (rea...