CPB Certified Professional Biller Certification Practice Exam

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The significance of the Federal Employee Health Benefit Program (FEHBP) is primarily to?

  1. Provide insurance coverage for military veterans

  2. Offer health insurance to federal employees

  3. Facilitate employee pension plans

  4. Set regulations for state health insurance

The correct answer is: Offer health insurance to federal employees

The Federal Employee Health Benefit Program (FEHBP) plays a crucial role in providing health insurance coverage specifically for federal employees and their eligible family members. Established in 1960, this program is designed to give federal employees various options for health insurance, ensuring they have access to quality healthcare services. FEHBP offers a diverse selection of health plans from which employees can choose, allowing them to select coverage that best fits their personal health needs and financial situations. Additionally, the program is significant because it sets standards for health benefits that can help attract and retain talented individuals within the federal workforce. Providing comprehensive health insurance coverage to federal employees underlines the government's commitment to its employees' health and wellness, making this program a vital component of federal employment.