Q. Can I cancel my current FEHB plan and enroll in a private insurance plan if the FEHB plans do not meet my needs?
A. You may cancel your FEHB coverage at any time. If you are an employee, you could re-enroll at a later date; however, if you did that, you’d have to be enrolled for the five consecutive years before you retire to carry that coverage into retirement. If you are a retiree, you wouldn’t be able to re-enroll unless you were reemployed by the federal government in a position that’s covered by the FEHB Program.