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House Plan Blocks TRICARE Increase

May 10, 2011
Source …..

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 yet another year. Given DoD’s need to somehow cover for rapidly increasing cost of TRICARE, some veteran’s groups are now willing to accept some moderate increases tied to the annual cost-of-living-allowance (COLA) rate. However, DoD is hoping to peg the rate increases to the much more aggressive National Health Expenditure index, which could save the DoD $3.2 billion.

Let us know where do you stand on this issue?

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