USPS says health insurance premium jump less than OPM estimate

The U.S. Postal Service says that the Office of Personnel Management's estimate that USPS employees and retirees will have to pay about 19 percent more on average for their healthcare premiums in 2015 is far off the mark, Government Executive reports.

According to a USPS spokesperson, the Postal Service estimates bargaining-unit postal workers will pay on average of about 1 percent more, and non-bargaining employees will pay about 3 percent more.

Postal officials were working with OPM to figure out the reason for the huge gap between the two estimates, the report noted.