WAEPA Implements Premium Waiver for Its Members
The Board of Directors of WAEPA has unanimously decided to waive premiums for all members for a period equating to one full month of payment. This addresses the impact that recent governmental disruptions have had on Federal workers.
Important Context Behind the Decision
The recent government shutdown was unprecedented, lasting for a record 43 days, affecting numerous Federal employees and their families. Many faced multiple missed paychecks as a result of this prolonged closure, creating substantial financial distress.
Founded in 1943, WAEPA, known as Worldwide Assurance for Employees of Public Agencies, Inc., is dedicated to supporting the health and financial security of both current and former Civilian Federal Employees. The organization's commitment is reflected in the decision to implement premium forgiveness as a measure of support during these trying times.
Statements from Leadership
“This shutdown has resulted in a great deal of uncertainty and hardship,” said M. Shane Canfield, CEO of WAEPA. “Our organization, built by and for Federal employees, aims to stand alongside our members when they need us the most. Adjusting premiums reflects our unwavering commitment to the Federal workforce.”
Details on Premium Waiver for WAEPA Members
Here is what the recent decision means for WAEPA members:
Key Benefits of the Premium Waiver
All current insured members of WAEPA’s Group Term Life and Short-Term Disability plans, irrespective of their employment status, will receive a credit that equals one month’s premium. This is effective as of November 13, 2025.
No Action Required by Members
Members do not need to take any action to benefit from this waiver. Coverage will remain active without interruption during this time.
Adjustments for Various Payment Methods
For those who utilize payroll deductions or direct billing, the necessary adjustments will be applied automatically, ensuring a smooth transition.
Policy Benefits Remain Unchanged
Importantly, the waiver does not affect the benefits and protections provided by the policies, which will remain intact.
More Information Available
Members seeking additional information or wishing to review their policy details can do so by visiting the WAEPA Member Portal or by calling WAEPA Member Services at (800) 368-3484.
About WAEPA
WAEPA is a respected nonprofit organization established as a resource for Federal employees, with a mission focused on promoting health, welfare, and financial well-being. Over its more than 80 years of service, WAEPA has built a community of over 50,000 members.
Frequently Asked Questions
What is the duration of the premium waiver?
The premium waiver is valid for one month, giving members relief during financial hardship.
Who is eligible for the premium waiver?
All current, former, and retired Federal employees who are members of WAEPA are eligible for this waiver.
Do members need to do anything to receive the waiver?
No action is required from members; the waiver will be automatically applied.
Will this impact policy benefits?
No, the policy benefits and protections remain unchanged despite the premium waiver.
How can members get more information?
Members can visit the WAEPA Member Portal or contact Member Services at (800) 368-3484 for more assistance.
