TRICARE Management Activity Announces Calendar Year 2014 Premiums
TRICARE Management Activity (TMA) has announced updated rates for two premium based coverage options, TRICARE Young Adult (TYA) and the Continued Health Care Benefit Program (CHCBP).
TRICARE Young Adult is a plan that qualified adult children can purchase after eligibility for “regular” TRICARE ends at age 21 (or 23 if enrolled in college.) TYA provides medical and pharmacy benefits, but dental coverage is excluded. To participate, you must pay monthly premiums. TYA premium rates are adjusted annually on a calendar year basis. For 2014, rates are increasing $4 per month for both Prime and Standard options:
TRICARE Young Adult
|TYA 2013 Monthly Rate (Through December 2013)
||TYA 2014 Monthly Rate (Beginning January 2014)
|Prime Option: $176/month
||Prime Option: $180/month
|Standard Option: $152/month
||Standard Option: $156/month
The Continued Health Care Benefit Program is a premium based health care program that offers temporary transitional health coverage for 18-36 months after TRICARE eligibility ends. The CHCBP acts as a bridge between military health benefits and your new civilian health plan with coverage comparable to TRICARE Standard. For eligibility details, please see the TRICARE website. If you are eligible, you may purchase the CHCBP within 60 days of losing TRICARE eligibility. CHCBP quarterly premium rates are adjusted annually on calendar year basis. For 2014, rates have increased $55 per quarter for individuals and $127 per quarter for families:
Continued Health Care Benefit Program
|CHCBP 2013 Quarterly Rate (Through December 2013)
||CHCBP 2014 Quarterly Rate (Beginning January 2014)
Please note that both TRICARE Young Adult and the Continued Health Care Benefit Program will provide you with the minimum essential coverage (MEC) that is required by the Affordable Care Act beginning in 2014.
Until military families are relieved of the weight of war, we hope you will continue to contribute to their wellbeing.
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