How National Guard Members Can Get Health Insurance

As a National Guard member, you may be wondering about your options for health insurance coverage. Fortunately, there are several options available to you, including the Federal Employees Health Benefits (FEHB) program, TRICARE Reserve Select, and the Veterans Affairs (VA) health care system.

FEHB Program

The FEHB program is available to all federal employees, including National Guard members who are on active duty or have been called to active duty for more than 30 days. This program provides a wide range of health insurance options, including HMOs, PPOs, and high-deductible health plans. You can also choose between self-only coverage or coverage for you and your family.

TRICARE Reserve Select

TRICARE Reserve Select is a health insurance program specifically designed for members of the National Guard and Reserve. This program is available to members who are not on active duty, but who are drilling regularly. TRICARE Reserve Select offers comprehensive coverage, including preventive care, medical services, and prescription drugs. You can also choose between self-only coverage or coverage for you and your family.

VA Health Care System

If you are a veteran, you may be eligible for health care through the VA health care system. This program provides comprehensive coverage for a wide range of medical services, including preventive care, diagnostics, and treatments. The VA health care system also offers mental health services, dental care, and other specialty services.

Choosing the Right Insurance

When choosing health insurance, it's important to consider your specific needs and circumstances. Consider factors such as your budget, your health care needs, and your family's health care needs. You should also compare the costs and benefits of different plans to determine which one is best for you.

Insurance and Financial Planning

In addition to providing health insurance coverage, insurance can also be an important part of your overall financial planning. Consider purchasing life insurance to provide financial security for your loved ones in the event of your death. Also, consider disability insurance to protect your income if you become unable to work due to an illness or injury.

Insurance Case Study

One example of the importance of insurance is the case of a National Guard member who was injured during a training exercise. Without disability insurance, this member would have faced financial hardship due to lost income. However, because they had disability insurance, they were able to receive financial support while recovering from their injuries.

In conclusion, as a National Guard member, you have several options for health insurance coverage. Consider your specific needs and circumstances when choosing a plan. Additionally, insurance can be an important part of your overall financial planning, so consider purchasing life and disability insurance to provide financial security for you and your loved ones.