Posted on Nov 18, 2021
TRICARE Costs Announced: What You Need to Know for 2022
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Days before the Nov. 9 start of Open Season, TRICARE announced updated enrollment fees, premiums, and other rates for its plans taking effect in 2022.
The full list can be accessed at this link. Charts from 2021, for comparison purposes, can be accessed here (PDF format).
Many TRICARE fees are increased annually by the amount of the military retired pay cost-of-living adjustment (COLA). Because COLA for 2022 is higher than it has been for decades (5.9%), the dollar amounts of TRICARE fee increases will also be higher than we have seen in the recent past.
(please go to the article for the links)
However there were no new TRICARE fees announced for 2022, and the new fees from 2021 – TRICARE Select annual enrollment fees for most Group A retirees and their families – saw increases in line with COLA: from $150 to $158 for individuals and from $300 to $317 for families.
The full list can be accessed at this link. Charts from 2021, for comparison purposes, can be accessed here (PDF format).
Many TRICARE fees are increased annually by the amount of the military retired pay cost-of-living adjustment (COLA). Because COLA for 2022 is higher than it has been for decades (5.9%), the dollar amounts of TRICARE fee increases will also be higher than we have seen in the recent past.
(please go to the article for the links)
However there were no new TRICARE fees announced for 2022, and the new fees from 2021 – TRICARE Select annual enrollment fees for most Group A retirees and their families – saw increases in line with COLA: from $150 to $158 for individuals and from $300 to $317 for families.
TRICARE Costs Announced: What You Need to Know for 2022
Posted from moaa.org
Money
COLA (Cost of Living)
Edited 4 y ago
Posted 4 y ago
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Lt Col Charlie Brown I have private insurance through my employer and my part went up substantially this past year. I go to the VA and they bill my insurance so I rarely have to pay but I need the insurance for my wife to be covered.
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Lt Col Charlie Brown
We had so much trouble with TFL that I got private insurance through my second employer and stayed with them after I retired.
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Lt Col John (Jack) Christensen
Lt Col Charlie Brown What kind of trouble? I've had nothing but great experiences.
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Didn’t dig into this, but I don’t see anything about TRICARE FOR LIFE mentioned. That is my second payer and I use EXPRESSCRIPTS generics with no charge. Highest cost for my wife and I is MEDICARE $3600 per year.
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Lt Col Charlie Brown
65 and Beyond: Understanding Medicare and TRICARE For Life
Get help from MOAA with this major change, including what you can do in advance.
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SMSgt Lawrence McCarter
True, Medicare is the big expense, I also have Tri care for Life which had no premium cost but Medicare sure does ! Having to have Medicare and having no choice about it added a cost I didn't have before for both Me and My Wife !
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