Military Care Benefits

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Analitic Report for the Cut of Health Care Benefits& Benefit Comparison for Military Retirees In the last few years, there has been a controversy deciding whether to charge older military retirees more for medical insurances. President Obama urged to reflect on restricting working age military retirees and their family members from enrolling in TRICARE Prime. TRICARE Prime is the most affordable and widespread coverage. President Obama also proposes to look over possible changes to the 20-year military retirement system and the current military pay. I believe that if you fight for a war you should always be taken care of in the best way possible. Why take away benefits from brave people who did or still are protecting,…show more content…
Several say, it will stabilize the economy and steady the unemployment rate, even though the income rate will be small but significant. Obama Care claims, “To provide affordable, quality health care for all Americans and reduce the growth in health care spending.” When looking through an overview, with Tricare Prime an office visit is $12 per visit regardless with what the provider charges. Alternatively, with Tricare Standard though, you pay a 25% cost-share per visit. For example, if the provider charges $100 for an office visit, Tricare pays $75 and you pay $25. See the difference? Another example is claims. If you have Tricare Prime your provider will file your claims for you, unlike Tricare Standard. With Tricare Standard some providers require that you file your own claims, receive reimbursement, and then pay the provider. However, you might have to pay the provider for all services that were given to you, up front. Tricare Standard sounds more enjoyable…show more content…
The proposal came from the Defense Business Board. The Defense Business Board is a powerful group of military advisors. "Modernizing the Military Retirement System," is what the Defense Business Board called it; presenting it in a 24-paged format presentation. Currently, the retirement pay is half of the veteran’s salary. They want to present the idea of a 401k-style plan. Which means, with the 401k- style plan, a veteran would have to wait at a “normal” retirement age, approximately around 62. Deceptively, the Defense Business Board claim that through the 401k-style plan it would save the government about $250 billion dollars over 20 years. Advocates believe that it would save capital and that it would be fairer to more people who are or were in the military because they could serve less than 20 years and get retirement pay at a normal retirement age. Yet, this still leaves many questions unanswered. Corresponding to, do you change to the new plan and cut of veterans who have already retired, or keep to their half pay salary and only apply the new plan to the upcoming and future

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