9cff82d2__Your_Indispensable_Guide_TIME__What_it_is
[Term] Federal Employee Health Benefits Program (FEHBP) [Why it matters] The FEHBP offers federal workers lots of choice and provides an effective pooling mechanism to allow employees to buy health insurance in large groups so that coverage is more affordable. Reform proposals would extend this model to small businesses, individuals and families now purchasing coverage on the open market. [What it is] 
A government program that allows some 8 million federal employees, including members of Congress, to purchase private health insurance. The government provides a set amount of money to employees, who can select from a variety of health plans.
Understanding the Health-Care Debate: Your Indispensable Guide-TIME
What it is