Retired without Pay (Gray Area Reservists)
Gray Area retirees can now take advantage of the Federal Long Term Care Program. Since long term care is not provided by TRICARE or Medicare, long term care for yourself or spouse could take a considerable chunk out of your family wealth. Many commercial long term care policies are available and monthly premiums vary based on coverage selected. However, the Federal Long Term Care Program appears to be the best in coverage options and value.
Retired with Pay (Age 60+)
Turning age 60 brings along those long awaited benefits such as retired pay and TRICARE health care. To better understand the TRICARE system and how it works independently or in combination with “other health insurance,” the Association has prepared an article to cover most questions.