TRICARE young adult fees costly

Adult children of military members and retirees now can buy TRICARE health insurance coverage out to age 26, and that coverage can be purchased back to Jan. 1 this year. The cost is steep, however, with the premium set at $186 a month for coverage under the fee-for-service TRICARE Standard plan or the preferred provider […]

Budget proposal raises premiums

Defense Secretary Robert Gates has signaled that the department’s fiscal 2012 budget request to be sent to Congress early next year will include recommendations to raise TRICARE premiums for some beneficiaries. If past proposals are a reliable guide, the target of higher fees is likely to be military retirees rather than active duty families. The […]

VA officials cutting insurance premiums

American Forces Press Service WASHINGTON — Secretary of Veterans Affairs Eric K. Shinseki announced April 29 that military personnel insuring their families under the Servicemembers’ Group Life Insurance program will have reduced out-of-pocket expenses beginning July 1. “VA (officials hope) these reductions will allow more military personnel to obtain affordable life insurance coverage for their […]