Join Early Retirement Today
Reply
 
Thread Tools Display Modes
Tricare Update
Old 02-18-2011, 04:56 PM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
mickeyd's Avatar
 
Join Date: Apr 2004
Location: South Texas~29N/98W Just West of Woman Hollering Creek
Posts: 6,668
Tricare Update

Email from MOAA indicates that Tricare fee increases may not be as bad for military folks as previously thought. I particularly like the part about Tricare rate increases not affecting disabled and survivors. We'll see...

Quote:
The new plan entails no changes for TRICARE Standard or TRICARE For Life, and no means-testing of fees. It proposes what Stanley described as "modest, gradual" changes in TRICARE Prime enrollment fees, and would exempt military disability (chapter 61) retirees and survivors from those changes.

Specifically, the plan calls for:
  • Raising the 2012 Prime enrollment fees by 13% -- from $230 single/$460 family per year to $260/$520 (survivor and chapter 61 retiree fees would remain at current rates)
  • Indexing those fees in 2013 and beyond to a medical inflation index (based on a measure of Medicare cost growth projected to rise at 6.2% per year)
  • Changing TRICARE pharmacy copays as follows (changes indicated in parentheses):
RetailHome Delivery
(Mail Order)

Generic
$5 (+$2)

Zero (-$2)

Brand Name
$12 (+$3)

$9 (no change)

Nonformulary
$25 (+$3)

$25 (+$3)



MOAA is encouraged that the new proposal avoids the draconian TRICARE fee increases proposed in the past. While some areas warrant additional adjustment, it makes a better effort to recognize that career military people pre-pay a very large price for their lifetime health coverage up front - through decades of service and sacrifice.
__________________
Part-Owner of Texas

Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx

In dire need of: faster horses, younger woman, older whiskey, more money.
mickeyd is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 02-18-2011, 06:53 PM   #2
Recycles dryer sheets
 
Join Date: Mar 2008
Posts: 410
Is there any information on how Tricare would be affected if Obamacare goes through?
__________________
ACC USN-(Ret)
BLS53 is offline   Reply With Quote
Old 02-18-2011, 08:41 PM   #3
Thinks s/he gets paid by the post
 
Join Date: Feb 2008
Location: Indialantic FL
Posts: 1,330
Quote:
Originally Posted by mickeyd View Post
Email from MOAA indicates that Tricare fee increases may not be as bad for military folks as previously thought. I particularly like the part about Tricare rate increases not affecting disabled and survivors. We'll see...
The guest speaker at our local MOAA chapter meeting was a HQ MOAA staffer, he talked about this a bit and said that MOAA and the other Military Coalition members were pushing against TRICARE increases greater than COLA increases...Also discussed the fight against cutting payments to TRICARE providers. In some parts of the US trying to find a TRICARE provider is difficult, cutting payment for services will make it even more so.

As discussed in another thread, I think increases are inevitable. Just do it fairly for all.
__________________
JimnJana
"The four most dangerous words in investing are 'This time it's different.'" - Sir John Templeton
jimnjana is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Tricare and Your Wallet mickeyd Health and Early Retirement 9 02-27-2009 01:54 PM
Tricare Fees Update mickeyd Health and Early Retirement 1 08-31-2008 12:05 PM
Tricare Answers mickeyd Health and Early Retirement 8 04-06-2008 01:54 PM
Tricare fees mickeyd Other topics 6 05-01-2007 12:48 PM
Who can fill me in on Tricare? mickeyd FIRE and Money 7 07-25-2004 12:18 PM

» Quick Links

 
All times are GMT -6. The time now is 11:25 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.