 Each former president fixes basic rates of compensation for persons employed for him or her, not exceeding an annualized total of $150,000 for the first 30 months and $96,000 thereafter.Former presidents are entitled to medical treatment in military hospitals; they pay for this at interagency rates set by the Office of Management and Budget.Two-term presidents may buy health insurance under the Federal Employees Health Benefits Program; a GSA legal opinion ruled Jimmy Carter ineligible.