Military vs. Airline health care/benefits...
12-16-2013 | 05:54 AM
#11
Sequester bait
Joined: Jul 2007
Posts: 282
Likes: 2
From: UH-60, AS-350, C-550
Just one big caveat with FEHB - remember that to have it in retirement the sponsor must have had it for the 5 years prior to retirement.
Eligibility for FEHB Health Benefits After Retirement
Eligibility for FEHB Health Benefits After Retirement
12-16-2013 | 06:42 AM
#12
Line Holder
Joined: Feb 2013
Posts: 1,208
Likes: 2
From: B737
Just one big caveat with FEHB - remember that to have it in retirement the sponsor must have had it for the 5 years prior to retirement.
Eligibility for FEHB Health Benefits After Retirement
Eligibility for FEHB Health Benefits After Retirement
12-16-2013 | 06:45 AM
#13
Working weekends
Joined: Jul 2005
Posts: 2,384
Likes: 0
From: Left Seat
A co-worker with FEHB, dropped his FEHB and signed up with his wife's private sector plan. He was to retire in 8 years at that point.
6 years into "no FEHB status", they get divorced. Guess what ? He had to get back on FEHB, and work an additional 5 years, versus two more, as planned.
FYI
6 years into "no FEHB status", they get divorced. Guess what ? He had to get back on FEHB, and work an additional 5 years, versus two more, as planned.
FYI
12-16-2013 | 12:55 PM
#14
Gets Weekends Off
Joined: Jun 2010
Posts: 333
Likes: 0
Don't drop FEHB...Change it from family plan to individual blue cross blue shield basic and keep it in the pocket for life events like divorce...Also, take at a min the basic insurance offered. Its a good deal and once you drop / decline it you can't sign back up for it until its open season.
12-17-2013 | 07:06 AM
#16
Line Holder
Joined: Feb 2013
Posts: 1,208
Likes: 2
From: B737
I have FEHB now because I'm a military technician. But if I quit to go fly for an airline I will only be eligible for it under my wife, who works for the VA. Currently I carry the policy but we will just switch. If we get a divorce that would be a huge surprise to me, we actually are doing very well. And if for some reason we do divorce, I wouldn't be eligible for FEHB anyways because I'll be an airline employee. I'd prob just go with Tricare Reserve Select at that point.
12-17-2013 | 07:37 AM
#17
Gets Weekends Off
Joined: Apr 2013
Posts: 292
Likes: 2
From: Golf course, mostly.
Quick question as I'm trying to research the issue...
Is it possible (or smart/stupid) to "decline" a airline company's health package in lieu of other options. If hired, I'll have the military retiree health benefits, in addition to my wife's benefits. Would you get compensated more, or could you negotiate those options?
Can someone please educate me if it would be beneficial to decline, and if it is (or isn't), the reasons why.
Appreciate the help.
Is it possible (or smart/stupid) to "decline" a airline company's health package in lieu of other options. If hired, I'll have the military retiree health benefits, in addition to my wife's benefits. Would you get compensated more, or could you negotiate those options?
Can someone please educate me if it would be beneficial to decline, and if it is (or isn't), the reasons why.
Appreciate the help.
As has already been said here, each individual's case is different. I just made the transition this year to the airlines after retiring from the military. We looked over the company plan and decided it wasn't worth it to pay for that when Tricare gave us more for less. That was just our scenario. Best of luck.
12-18-2013 | 06:28 PM
#19
Gets Weekends Off
Joined: Sep 2007
Posts: 273
Likes: 0
From: KC-135R IP/EP
My airline pays us an extra $50 per paycheck to not use their insurance. I take that money and buy TRS with it and pocket the difference. They also offer a great dental plan for $1/mo that blows Tricare dental away so I did opt in to that one.
12-25-2013 | 08:02 AM
#20
Gets Weekends Off
Joined: Dec 2013
Posts: 2,329
Likes: 4
From: A320 CA
Tri-care reserve select is awesome. Compared to what my siblings pay for health care it would almost make working for free as a reservist worth it...not that I'd do that.
I'm planning on going with my six months of Tricare prime extension (free) and then using this option.
I'm planning on going with my six months of Tricare prime extension (free) and then using this option.
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