YOUR MONEY: TRICARE Young Adult premiums to Increase

PRESS RELEASE

The TRICARE Health Plan has announced the 2016 premiums for TRICARE Young Adult Prime and Standard options covering beneficiaries between 23 and 26 years old. These premiums are adjusted on an annual basis and go into effect Jan. 1, 2016.

 For 2016, the monthly premium for TYA Prime is $306 per month, and TYA Standard is $228 per month. TRICARE is required to set these premiums to cover the full cost of health care received by TYA beneficiaries. For the first time since TYA was created in 2011, TRICARE has sufficient statistically valid cost data to set annual premiums.

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