Keeping the Bupa Hm Forces 47% Discount After Retiring From the Military

The rules of the forces healthcare scheme actuallyAnother common situation is what to do if you leave
allow service personnel and their partner to remain onthe military with your BUPA, but are then offered
the scheme until the service person reaches 65 yearsretired military healthcare by a new employer.
of age. It does not matter what future employment isOne has to be very careful about accepting this offer.
gained, if any. As long as you join before you take outIn the short term it may sound inviting but it could be
membership of the BUPA HM Forces private medicaldisadvantageous over the long term. If you come off
insurance scheme before you leave the military youyour military healthcare BUPA scheme and join a
are entitled to keep the forces discount. Children arecompany scheme, when you then leave that company
allowed to remain on the scheme until the next annualyou will be unable to access the BUPA forces
renewal, July the first, following their 21st birthday. Thisdiscount when your employment with them ceases.
can be extended to their 24th birthday if they are in fullThis is because when you attempt to rejoin you will be
time education i.e. university.a civvy and therefore will not be able to rejoin. It is
At 65 years of age you would then have the option ofbetter to stay on your own personal policy, pick up the
transferring to the HM Forces BUPA Care retirementforces insurance discount, and say you your employer
scheme. This is the same scheme i.e. BUPACare, butthat you would rather have higher pay as you have
with two differences. The discount is currently 40%your own insurance or take a different benefit from
and thus your premiums will be slightly higher. Secondlythem, perhaps a car. Coming in and out of insurers is
the scheme looses the overseas cover.dangerous as you will be re-underwritten at each turn.