Did you know… Military retirees that have launched their 2nd career with your organization already have a pre-paid health plan?
It is called TRICARE. The most common oversight by employers is not recognizing that TRICARE can be used as their primary coverage, rather than your employer sponsored health plan. Allowing TRICARE eligibles to opt out of your company’s plan and utilize their military benefit would create a potential cost reduction
EXAMPLE: 500 (eligible) x $4150* = $2,075,000 per year