The Compass Rose Benefits Group is an insurance provider that offers health insurance plans for civilian employees and retirees of the United States Intelligence Community, United States Department of Defense and the United States Department of State, as well as a range of other insurance products for all employees and retirees of the Federal Government. Their additional insurance solutions are available to all Federal Government employees.
Video Compass Rose Benefits Group
History
In 1948, an organization known as the Government Employees Health Association (GEHA) allowed a small section of Federal Government employees to obtain low-cost group health insurance plans. Since that time, a number of insurance plans have been added or changed.
In 1960, the newly established Federal Employees Health Benefits (FEHB) Act of 1959 provided all Federal employees, annuitants, and eligible family members with the opportunity to voluntarily enroll in a group health benefits program with the government sharing the cost of participation. GEHA qualified under this Act and quickly entered into the FEHB program. Due to name similarities with another insurance carrier, GEHA changed its health plan name to the Association Benefit Plan (ABP).
For over 55 years, the Association Benefit Plan was underwritten by Mutual of Omaha. In 2006, the company name was changed to Compass Rose Benefits Group (CRBG) and eligibility was extended to include all employees of the Intelligence Community (IC). In 2007, Coventry Health Care became the health plan underwriter. In 2008, CRBG extended eligibility to include civilian employees and retirees of the Department of Defense (DoD). In 2011, eligibility expanded once again to include employees of the Department of State and the U.S. Agency for International Development and the network provider changed to UnitedHealthcare (UHC), which is one of the largest networks of providers and facilities in the FEHB market. In 2015, eligibility on insurance solutions (aside from the health plan) opened to include all employees of the Federal Government.
Evolution of company name
- 1948: Government Employees Health Association (GEHA)
- 2006: Compass Rose Benefits Group (CRBG)
Evolution of health plan name
- 1948: Government Employees Health Association (GEHA)
- 1960: Association Benefit Plan
- 2011: Compass Rose Health Plan
Evolution of underwriter
- 1948: Mutual of Omaha
- 2007: Coventry Health Care
- 2011: UnitedHealth
Maps Compass Rose Benefits Group
Insurance Solutions
Compass Rose Benefits Group insurance solutions include:
- The Compass Rose Health Plan, an FEHB Plan
- Group term life insurance underwritten by New York Life
- Group accident plan
- Legal protection (liability insurance)
- Identity theft protection
Philanthropy
Established in 2010, Compass Rose Charities (CRC) provides financial assistance to members of the Intelligence Community (IC). Compass Rose Charities provides support through three programs:
- Charity to Charity Support
- Food & Fuel Support
- Scholarships
Fuel and food assistance program
Compass Rose Charities, Inc. provides grants for Intelligence Community (IC) employees who have had an unforeseen emergency--personal hardship, death in the family or loss of property--due to a natural disaster.
Scholarships
The Compass Rose Charities, Inc. Scholarship Program is open to current employees of the Intelligence Community (IC) as defined by the Office of the Director of National Intelligence and their dependent family members (spouse/child).
Charity to charity support
Compass Rose Charities, Inc. provides financial support to other charities with a similar purpose. Donations are made to help assist other charities that are part of a 501(c)(3) organization--supports civilian members of the Intelligence, Diplomatic, or Defense communities.
Programs Include (but are not limited to):
- Federal Employee Emergency Assistance
- Family Action Board
- Companions4Heroes (C4H)
- Operation Purple Camp
- Fallen Diplomat Scholarship Fund
- The Honor Flight Network
Further reading
About Compass Rose Benefits Group
References
External links
- Official website
- Compass Rose Charities
Source of article : Wikipedia
0 Comments