Employers and Ex-Military Employees Benefits

The Hampton Roads Metropolitan area probably has the highest percentage of ex-military employees in the nation.  Ex-military employees typically do not elect to enroll in employer-sponsored health plans. This lowers benefits costs for area employers, but TRICARE still has out-of-pocket costs that can sting the pocketbook of these employees.  

Is there a product that can fill the gaps in TRICARE coverage? YES!  Employers can offer an employee-paid TRICARE supplement that can be paid by the employee on a pre-tax basis.  These supplements are very affordable and can make a difference when recruiting employees in Hampton Roads. Here is just a partial list of the advantages to offering a TRICARE supplement now:

  • The Feds have just raised the out-of-pocket costs for TRICARE Prime and TRICARE.
  • Why should employers ignore the needs of ex-military… fills an obvious need!
  • Can be offered on an Employee pay all basis for less than $70 per month typically
  • Distinguishes your company as military friendly in a competitive market
  • Will create employee loyalty and decreased turnover

Bottom line:  Employers with even a few ex-military employees should offer a TRICARE supplement as part of their employee benefits portfolio to help our ex-military lower their out-of-pocket medical expenses.

Contact Us

Advanced Benefit Strategies of Virginia, LLC

757-961-3319

Office Locations

One Columbus Center # 600
Virginia Beach, VA 23462
51 Court Pl.
Charlottesville, VA 22901

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