Make the Most of Your Post-Military Health Care Options


My biggest stressor during my husband’s separation from the military was finding new health care for our family. I was pregnant with our second child while my husband was going through the transition process, and I didn’t know if he would be eligible for the Transition Assistance Management Program (TAMP).

And guess what? We didn’t find out we were NOT eligible for TAMP until AFTER he separated from the military. Just in case TAMP wasn’t an option, I explored the Continued Health Benefit Plan (CHBP). This plan has several pros and cons:

Pros:
-Coverage is similar to TRICARE standard
-Coverage ranges from 18-36 months
-Coverage is available for the entire family, or just the service member

Cons:
-A quarter of premiums are due up front ($2,868 for a family)
-Includes cost-shares and deductibles
-Deductibles from TRICARE standard to NOT carry forward to the CHBP coverage

CHBP may be an option right after TRICARE or TAMP coverage ends.

What are some of your other options? You may consider an employer’s health insurance plan, finding insurance in the individual market, or coverage through the Affordable Care Act. If you’re losing TRICARE, TAMP, or CHBP coverage, you’ll have a qualifying event, which means you don’t need to wait for open enrollment to come onto the plan. For our family, finding coverage in the ‘marketplace’ through the Affordable Care Act was the best option. Some good things about this coverage for us was:

  • Subsidies to pay for premiums are available based on your income
  • A wide-variety of plans to choose from ranging from HMO plans similar to TRICARE Prime and PPO plans similar to TRICARE Standard
  • We were able to keep our current providers
  • Monthly premiums are paid at the beginning of the month (not 3 months up front as required by the CHBP)
  • If you move, you can apply for coverage in another state

Here’s what we did:

Are you considering post-military health care options? What would you recommend to others separating from the military who are not eligible for retirement health care benefits?

katie2Posted by Katie Savant, Government Relations Information Manager

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