Here are some bullet points about the Health Insurance Subsidy provided by the Florida Retirement System:

• You earn $5 per month for every year of service with the FRS
• Years in DROP do not count towards your Health Insurance Subsidy
• You’re capped at $150. So any years of service over 30 do not add to your HIS.
• The HIS can be applied to any insurance, not just the insurance that your employer offers (Medicare, Tricare, Marketplace, Spouses Insurance, etc.)
• The HIS is not guaranteed. Currently everyone has it, but it is a benefit that can be regulated away even if you’ve already retired.
• You get it after you exit DROP – Not during