Friday, August 13, 2010

TRICARE Sets Gray Area Retiree Premiums

Week of August 09, 2010
Last year, Congress approved the creation of the TRICARE Reserve Retired program, a premium-paid TRICARE Standard coverage plan for "gray area" Reserve retirees. The program is planned to start in October. The Premium rates were unveiled on Aug. 6. The premiums -- $388.31 per month for single coverage and $976.41 a month for family coverage -- have been set high enough to cover the full cost of the program because the benefit is not subsidized by the government.

Military.com surveys found that most servicemembers and their families are confused by TRICARE. Get the facts and latest news on TRICARE.

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