Originally Posted by
fly4unclesam
Do most FedEx pilots who are retired military use the company plan as their primary insurance? What about Tricare Prime as your primary? Assuming you live in a Primary Service Area and your doc is a Primary Care Manager, is Prime a good option or is the FedEx plan worth the extra expense? Thanks
I have used Tricare standard exclusively for 9 years. My monthly out of pocket is zero. My family deductible is 300, co-pay 20% in network, 25 % out, and my catastrophic cap $3000. (all copays & deductibles go towards the cap). So my out of pocket is limited to $3k + copay on drugs (usually $5-10 unless I go to a military treatment facility then no copay for drugs- it's just a pita)
My analysis was the monthly cost of the company plan is a known annualized is $3060. Well that is more than I'd pay "if" I reached the catastrophic cap.
I have reached the cap in only a few years when my bride had some serious issues, so my out of pocket for those years was limited to 3k, most years it is not that much.
So if: 1) you live in an area where Tricare is accepted, 2) your docs/specialists accept Tricare reimbursement rates, it is a better deal cash flow wise. Company= you will spend 3K+, Tricare= you're limited to spending up to 3k, but only if you have a bad health year.
your mileage may vary