So I have a complicated health insurance situation I’m trying to figure out; the good news is I have plenty of good options, but want to make the best decision for my family.
I’m currently at National Guard member on Tricare Reserve Select, and have opted out of my civilian employer’s health insurance plan for a credit of $9.50 per week. My wife works for the same civilian employer, and is pregnant with our first born child due February 2016; she is on a PPO premium based health insurance plan with the civilian employer.
Starting 2016, the PPO plan is going away and our employer is switching everyone over to a high-deductible plan with an HSA. They will seed the HSA with $1100 for an individual or $2200 for a family for the first year, then I believe that seed will drop in half for 2017.
I will likely be called to federal active duty next year, and expect that I will continue to opt out of my employers insurance and switch myself to Tricare Prime in January (180 out from activation).
I will likely add my wife and newborn child to my Tricare, but if I do this, we are not eligible for the HSA seed money, but the insurance premiums will go away (essentially to offset the fact that we won’t get the seed money). So she would get a ‘free’ high-deductible health insurance plan from the civilian employer, along with Tricare as a secondary insurance.
So things are pretty straightforward for me, I’ll stay on Tricare reserve select, until I can go on Prime. But for my wife, we may need to keep her on Standard to stay with her current doctor? Or should we change her to Prime? What about after the child is born, should my wife and son be on Standard or Prime? And what do we do about the civilian employer’s insurance; should we keep that or should she opt-out for a $9.50 per week credit? Or she we just forget about Tricare altogether and keep her on the high-deductible plan with the HSA seed money?
Any help is appreciated! Just let me know if something isn’t clear or if more information would help.
I’m currently at National Guard member on Tricare Reserve Select, and have opted out of my civilian employer’s health insurance plan for a credit of $9.50 per week. My wife works for the same civilian employer, and is pregnant with our first born child due February 2016; she is on a PPO premium based health insurance plan with the civilian employer.
Starting 2016, the PPO plan is going away and our employer is switching everyone over to a high-deductible plan with an HSA. They will seed the HSA with $1100 for an individual or $2200 for a family for the first year, then I believe that seed will drop in half for 2017.
I will likely be called to federal active duty next year, and expect that I will continue to opt out of my employers insurance and switch myself to Tricare Prime in January (180 out from activation).
I will likely add my wife and newborn child to my Tricare, but if I do this, we are not eligible for the HSA seed money, but the insurance premiums will go away (essentially to offset the fact that we won’t get the seed money). So she would get a ‘free’ high-deductible health insurance plan from the civilian employer, along with Tricare as a secondary insurance.
So things are pretty straightforward for me, I’ll stay on Tricare reserve select, until I can go on Prime. But for my wife, we may need to keep her on Standard to stay with her current doctor? Or should we change her to Prime? What about after the child is born, should my wife and son be on Standard or Prime? And what do we do about the civilian employer’s insurance; should we keep that or should she opt-out for a $9.50 per week credit? Or she we just forget about Tricare altogether and keep her on the high-deductible plan with the HSA seed money?
Any help is appreciated! Just let me know if something isn’t clear or if more information would help.