Health insurance

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Q. I am retiring next year.  I have Tricare Standard.  I was told I could sign up for Federal Health Insurance just before I retire (during open season) and then put it on “hold” when I retire, but it would be there to start up again if needed.  Is that true?  With all the talk of health costs going up, I may someday need to activate it.

A. Yes, it’s true. If you are enrolled in the FEHB program when you retire, you can suspend that coverage. That would allow you to reactive it if you ever lost coverage under Tricare.

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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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