Military Advantage

House Plan Would Block TRICARE Increase

UPDATE: The DoD is continuing to push for their proposal for using the National Health Expenditure index to drive future TRICARE premium adjustments.  Read: Proposal Would Save $3.2 Billion in Health Care Costs.

According to Stars and Stripes, the House of Representatives 2012 Defense Budget proposal includes provisions that would protect military retirees from the Department of Defense's plan to increase TRICARE premiums and fees for another year.

DoD has pushed for TRICARE fee increases for years, pointing out that health care costs could hurt the overall defense budget. But each year Congress grants military retirees a one-year reprieve - essentially kicking the can down the road.

Given the need to somehow cover for rapidly increasing cost of TRICARE, some veteran's groups are now advocating the concept of moderate increases tied to the annual cost-of-living-allowance (COLA) rate. Where do you stand on this issue?

Do you think it is a good idea for Congress to postpone TRICARE increase for another year?online surveys

Read the full article about the House's Proposed 2012 Budget.

Show Full Article

Most Popular Military Pay Articles

2018 Military Pay Charts
Check out the 2018 US military pay scale charts for all ranks for active duty, as well as Reserve and Guard components.
Military Retired Pay Overview
The military retirement system is arguably the best one around, but proper planning is needed to ensure you can retire comfor...
Retired Pay Increases
Each year military retirees receive a Cost of Living Adjustment to their retirement pay. The increase is based on inflation.