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TRICARE lowers some costs for new Select plan

January 10, 2018

From the Military Times website

Military families, including retiree families, will pay lower co-payments than previously announced for the new TRICARE Select plan, according to a Friday announcement in the Federal Register.

TRICARE Standard and TRICARE Extra were replaced Monday by a single plan called TRICARE Select. It’s a major part of the changes that have taken place in the reform of the Tricare benefit.

The Defense Health Agency announced the new co-payment schedule for calendar year 2018 and noted that some out-of-pocket costs will be announced later in the year, “as we define certain high-value medications and health care services that will result in lower out-of-pocket expenses for beneficiaries.”

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TRICARE Standard was a benefit for retired Guardmembers aged 60-65. As of January 1, TRICARE Extra and TRICARE Standard merged into one system known as TRICARE Select. The merger is a result of legislation passed by Congress in 2017.

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