When you enroll in one of OGB’s health plans, you automatically become a participant in the Flex Plan under the Premium Conversion option. The premium conversion option means that you pay for your health plan with pre-tax dollars, giving you more take-home pay in each paycheck. If you’re not enrolled in an OGB health plan, but enroll in another voluntary product, you will also become a participant in the premium conversion option. Once you enroll in the premium conversion option, you don’t have to re-enroll. You will stay enrolled until you choose to end your participation in an OGB health plan.
