TRICARE

TRICARE is a healthcare program that provides medical coverage to eligible military members, retirees, and their families. It is administered by the U.S. Department of Defense Military Health System. Here are some key features of TRICARE:

  • Eligibility: TRICARE covers active duty service members, their families, retirees, and some survivors. The specific eligibility requirements and benefits vary depending on the plan.

  • Coverage: TRICARE offers several different healthcare plans, including TRICARE Prime, TRICARE Select, and TRICARE For Life. These plans offer coverage for a wide range of healthcare services, including doctor visits, hospital stays, mental health care, prescription drugs, and more.

  • Costs: The costs of TRICARE coverage vary depending on the plan and the individual's status (active duty vs. retired, for example). Some plans require no out-of-pocket costs for eligible individuals, while others require copayments, deductibles, and other costs.

  • Providers: TRICARE members can choose from a network of approved healthcare providers, including doctors, hospitals, and other healthcare facilities. Some plans require members to use only in-network providers, while others allow for out-of-network care at a higher cost.

  • Benefits: In addition to basic healthcare coverage, TRICARE also offers a range of additional benefits, such as dental and vision coverage, wellness programs, and assistance with special needs and disabilities.

  • Coordination of benefits: TRICARE coordinates benefits with other healthcare plans, such as Medicare and employer-sponsored plans, to ensure that members receive the maximum coverage available to them.

Overall, TRICARE is a comprehensive healthcare program that provides coverage to military members and their families, and offers a range of benefits and services to ensure that they receive the care they need.

Next Up

The latest economic release from the Bureau of Labor Statistics reports that the U.S. job market exceeded expectations by a significant margin to close out 2024, adding 256 thousand new jobs last month while unemployment ticked down one-tenth of a point to 4.1%.
Insights+ empowers employers to benchmark their benefits against competitors, bridging the gap between investment and employee perception. With detailed reports and shareable recognition tools, employers can showcase the true value of their benefits to attract and retain top talent. Available free for qualified employers through December 2024.
Each month, Mployer collects and presents some of the most relevant and most pressing recent changes in law, compliance, and policy in areas related to employee benefits, health care, and human resources.