TRICARE Supplemental Insurance

A TRICARE Supplement plan is a type of optional insurance that can augment TRICARE health insurance by helping to reduce out-of-pocket expenses for the insured. TRICARE Supplement insurance plans are available to nearly 9.3 million TRICARE-eligible active duty and retired military members, including coverage for their dependents. Employers that offer a Supplement plan as a voluntary benefit realize three kinds of gain: 1. First, robust coverage resulting from a TRICARE Supplement creates an attractive alternative to employer-based, major medical coverage for eligible employees. 2. Second, the Supplement is a voluntary benefit whose cost is wholly borne by employees, so the cost to offer the Supplement does not include a corporate match component. The value proposition for eligible employees makes good financial sense in many cases, especially for more mature workers. 3. Finally, these plans can help attract and retain employees with valuable military backgrounds. Read the white paper to learn how this voluntary benefit helps employers and employees. http://info.selmanco.com/tricare-supplement-whitepaper