I recently met the modified rule of 75 to qualify for company health benefits. I also just recently became eligible for health benefits from the military. The military option is considerably cheaper than the company option. My question is should I forego the company option and just go with military coverage of keep both?
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The MTP is not free. You’ll have to buy it from the company at a cost of half your severance package using your after tax dollars. So essentially it will leave you with about 10-15% of the severance package,depending on a lot of things, to manage until you find another position elsewhere.