Those rates quoted by James5v are more likely the montly rates paid by a federal retiree. While still working, fed employees' health ins premiums are deducted before tax, and are deducted from pay every 2 weeks. Once retired, the premiums are deducted AFTER taxes, and are collected just once a month from the retiree's monthly pension. If the employee were still working, the BCBS premium (standard option) for 2011 would be $199+change per 2 weeks, for 26 pay periods. Once retired, instead of being collected 26 times a year, they're paid 12 times, which would probably add up to the amount James5v quoted. Bottom line is that it was a monthly premium that was being talked about.