Blog│Government Employees Association

How to Prepare for Emergencies Without Breaking the Bank: Smart Tips for Government Employees

Written by GEA USA | Jul 22, 2025 11:00:00 AM

 

Emergencies, whether medical, natural, or personal, can hit when you least expect them. For government employees and military families, the right preparation can mean the difference between manageable stress and financial crisis. Thankfully, GEA members have access to resources and protection that can help ease the burden. Here's how to get prepared—without wrecking your wallet.

 

Start an Emergency Fund

Starting an emergency fund is a simple, yet incredibly useful tool to protect yourself in times of need. Open an account that you can easily contribute to, preferably through direct deposit, and watch your fund add up over time without touching it. Use our helpful Home Budget Calculator to know how much you can realistically set aside and make a goal to reach a certain amount in a set time period.


Protect Yourself from Excessive Medical Costs with a TRICARE Supplemental Insurance Plan

While TRICARE provides some coverage, it doesn’t cover everything. You could still be responsible for deductibles and up to 25% of the cost of every covered prescription, doctor’s visit, and hospital stay. Learn more on how you can get covered today!

With a TRICARE Supplement Insurance Plan, you could pay $0 for covered medical expenses. It’s designed to ease your mind and help you focus on what matters—not your medical bills.

 

Digitize Important Documents

Scan and securely store key documents like insurance cards, ID, emergency contacts, and property records in the cloud. This ensures you can access them if your home or wallet is affected by a disaster, theft, or travel emergency. Be sure to use a trusted, secure cloud service!

 

Protect Your Financial Well Being with Disability or Life Insurance

If an emergency prevents you from working—temporarily or permanently—it can have long-term financial impacts. Consider disability insurance or review your life insurance policy to make sure your family is protected. GEA offers group plans that may be more affordable than private options.

 

Emergencies are stressful enough, your finances don’t have to be. With a little planning and the right coverage from GEA, you can protect your health, your income, and your peace of mind.

 

Learn more about TRICARE Supplement Insurance Plans
Explore GEA’s Life Insurance Options
Use our free Financial Planning Tools

 

Prepare today, so you can rest easier tomorrow.