|At GCIS, we represent a TRICARE Supplement that provides military retirees with broader benefits than your company health plan at a much lesser cost.
TRICARE Supplemental insurance is a win-win situation for your company and your employees. The Supplement is offered to military retirees as an alternative to your company-sponsored health plan.
Pursuant to DoD requirements, the Supplement is offered on a non-employer contributory basis. Thus since employers do not contribute to the cost, offering the Supplement does not increase costs to employers!
Your military retirees that opt for the Supplement will save money. Retirees currently on your company health plan will save because the premium for the Supplement is less than their cost share for your company health plan.
Retirees currently not on your company health plan will save money because premiums for the Supplement can be paid with pre-taxed dollars under a cafeteria plan. The pre-taxed benefit lowers the cost of the Supplement by about 27% for a typical military retiree!
And retirees will save out-of-pocket costs, because in most cases benefits are more comprehensive when the Supplement coordinates with TRICARE than when TRICARE coordinates with your company health plan.
With TRICARE Supplement Coverage, Everyone Wins!
Click Here to get more information about TRICARE Supplemental Insurance