Question regarding FEHB / Tricare

Managing your TSP and alternate investment options after retirement or separation from service.

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Midway
Posts: 198
Joined: Tue Feb 28, 2012 6:09 pm

Re: Question regarding FEHB / Tricare

Post by Midway »

Bloobs,
This is all I could find on OPM.gov. Not sure if it fits in with your plans. Maybe someone else has more info.
https://www.opm.gov/healthcare-insuranc ... url=Health

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bloobs
Posts: 1067
Joined: Tue May 21, 2019 8:00 pm

Re: Question regarding FEHB / Tricare

Post by bloobs »

Midway wrote: Wed Feb 10, 2021 12:39 pm Bloobs,
This is all I could find on OPM.gov. Not sure if it fits in with your plans. Maybe someone else has more info.
https://www.opm.gov/healthcare-insuranc ... url=Health
The answer to this question has avoided me for years :lol: Worst-case, i just keep paying FEHB premiums during the periods I am overseas.

jdeacon
Posts: 130
Joined: Fri Mar 05, 2010 4:38 pm

Re: Question regarding FEHB / Tricare

Post by jdeacon »

I have bc/bs and fehb does work overseas. However you can suspend it indefinitely and then have it reinstated. I believe you can only reinstate during open season but I may be wrong on that.

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bloobs
Posts: 1067
Joined: Tue May 21, 2019 8:00 pm

Re: Question regarding FEHB / Tricare

Post by bloobs »

jdeacon wrote: Wed Feb 10, 2021 4:57 pm I have bc/bs and fehb does work overseas. However you can suspend it indefinitely and then have it reinstated. I believe you can only reinstate during open season but I may be wrong on that.
Thanks! Specifically, are you saying that, as a retired fed, living someplace in either western europe or the far east, BCBS is accepted by those countries' medical facilities? If so, that would be great.

GooseJ
Posts: 19
Joined: Wed Jul 13, 2016 11:11 am

Re: Question regarding FEHB / Tricare

Post by GooseJ »

I retired January 2020 after a combined 42 years active and National Guard. I also had 41 years, including active duty, as a Mil Tech. I suspended my BCBS and went on Tricare Select since at that time there was no monthly fees. That has now changed to $25 total for myself and wife. If you suspend your FEHB you must submit a RI 79-9 form to OPM. Be sure you suspend and not cancel your insurance. When you suspend your FEHB you can always go back to it at a later date. If you do not choose to opt into a survivor benefit and you should pass prior to your wife she will not be eligible for FEHB at a later date. She would be eligible for Tri-Care though since you will be retired military. At 65 when you start on Medicare Tri-Care for Life is currently free. Of course that could change with the stroke of a pen.

Midway
Posts: 198
Joined: Tue Feb 28, 2012 6:09 pm

Re: Question regarding FEHB / Tricare

Post by Midway »

From OPM website:
Can I suspend my coverage?
Yes, under limited circumstances. As an annuitant you can suspend your Federal Employees Health Benefits (FEHB) enrollment to enroll in a Medicare Advantage plan, TRICARE, CHAMPVA, Medicaid or a similar State-sponsored program of medical assistance for the needy, or use Peace Corps health insurance coverage.

jdeacon
Posts: 130
Joined: Fri Mar 05, 2010 4:38 pm

Re: Question regarding FEHB / Tricare

Post by jdeacon »

Bloobs,
Yes, as a retired fed you can use BC/BS any where overseas. Some country's medical systems might require you pay them and apply for reimbursement to BC/BS. Others country's medical systems will apply directly to BC/BS.

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bloobs
Posts: 1067
Joined: Tue May 21, 2019 8:00 pm

Re: Question regarding FEHB / Tricare

Post by bloobs »

jdeacon wrote: Sat Feb 13, 2021 8:24 am Bloobs,
Yes, as a retired fed you can use BC/BS any where overseas. Some country's medical systems might require you pay them and apply for reimbursement to BC/BS. Others country's medical systems will apply directly to BC/BS.
thanks. i looked deeper and saw that most western european and developed nations do take bcbs but others do not, such as thailand.

Kevin719
Posts: 2
Joined: Fri Jan 01, 2016 5:27 pm

Re: Question regarding FEHB / Tricare

Post by Kevin719 »

I just hit 60 after retiring from the Air Force Reserve. I retired from Veteran Affairs after 30 years of service. Six weeks before I hit 60, I called OPM and they sent me a form to suspend my FEHB. Do not cancel, you must suspend. I put my suspension date as my 60th birthday. OPM did take out my premium for the FEHB for 2 months after my 60th birthday, but I was reimbursed on the next 2 monthly FERS payments. I enrolled in Tricare on my 60th birthday. I had to go to a military ID facility and get my blue ID card prior before I could enroll in Tricare. I would recommend that you make an ID card appointment for your 60th birthday, then go home and enroll in Tricare. Tricare is sweet with yearly payment of $601 which covers me and my spouse.

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