Jim Gallagher, Director of Client Management, SelmanCo, a subsidiary of One80 Intermediaries, is responsible for the TRICARE Supplement program, as well as voluntary insurance programs for Financial Institutions, Affinity and Professional Associations. The SelmanCo TRICARE Supplement program is the largest of its kind and is the only TRICARE Supplement program available as a voluntary benefit on a payroll deduction basis through employer groups.
Jim has served as President and Board Member for the Professional Insurance Marketing Association, and is a graduate of The Ohio State University Fisher College of Business with a degree in Marketing.
Practice Overview
Offering TRICARE Supplement as a Voluntary Benefit is a Win/Win
WHAT IS TRICARE?
TRICARE insurance is the Department of Defense’s health care benefit program for the military community. It consists of many different type of TRICARE plans. TRICARE Prime (HMO-style plan), TRICARE Select (PPO-style plan), and TRICARE Retired Reserve (PPO-style plan) work best with the TRICARE Supplement product.
WHAT IS A TRICARE SUPPLEMENT INSURANCE PLAN?
A TRICARE Supplement Insurance Plan is voluntary insurance designed to supplement TRICARE to help with out-of-pocket healthcare expenses.
Targeted Classes
Employer groups located near major military installations who operate in:
Government Contractors
Information Technology
Security
Major Airlines/Aerospace
Hospitals/Private Medical Practice
Trucking/Logistics
Municipalities
Manufacturing
Engineering
Defense
Construction
Franchises
Product Highlights
Covers cost shares and prescription co-pays
Compatible with most types of government TRICARE plans
Adds provider choice for employees with TRICARE Prime (an HMO-style plan with out-of-network charges)
No pre-existing conditions limitations
Guaranteed issue
Offered on a pre-tax basis
Fully portable, in most states, if employment ends for any reason
ACA-exempt
No employer fees for plan participation
Key Benefits
Helps grow revenue
Differentiation from competition
Co-branding opportunities with unique military focus