House Committee Okay TRICARE Increase
Posted by Dexter Nelson: Monday, May 16, 2011 (1:44 PM)
House Committee Okay's TRICARE Increase
Last week the House Armed Services Committee gave the go ahead for the Obama administration's plan to begin to raise out-of-pocket costs modestly for working-age retirees TRICARE beneficiaries. This would be the first increase in TRICARE Prime enrollment fees in more than 15 years. If approved the committee's budget bill would allow DoD to increase premiums by $30 a year for individual coverage and $60 a year for family coverage. The HAS defense budget would also allow DoD to raise the TRICARE Prime premium on an annual basis, but not at the rate they requested.
Read the Military Advantage blog for more details on the HAS Committees' proposed defense budget.