In 2021, premiums increased by 22% for Tricare Young Adult Prime and by 13% for Tricare Young Adult Standard. However, the legislation required that the cost of Tricare Young Adult be covered by the program, necessitating premiums based on commercial insurance rates and coverage. Military service members were exempt from the national health care reform law, so separate legislation was required to extend the benefit. Tricare Young Adult was created in 2011 following passage of the Affordable Care Act, which allowed adult children to remain on their parents' health plans until age 26. "I put this in the 'It's the right thing to do' category," Waltz said. But he added that cost estimates should also consider the proposal's retention benefits. How many active-duty families would be affected has not been disclosed Defense Department officials have said the majority of military dependents who use Tricare Young Adult are the children of retirees.Īccording to Waltz, the Congressional Budget Office has estimated that the cost to the government would be $125 million a year. The legislation would affect roughly 37,000 families, according to 2020 data. Luria introduced the bill last year, although it was not included in the final version of the fiscal 2021 National Defense Authorization Act. Oftentimes, is a critical decision factor when military members are deciding to extend their service or move on to the private sector." the least we can do and should do is take care of their families back home. "I can tell you that, particularly with the amount of deployments we are seeing with the active-duty and the National Guard. "We can't have our military members worried about their families when they go downrange," he said. Waltz, a National Guard officer who uses Tricare Reserve Select for his health care, said the issue is important to recruitment and retention.
I think it's incredibly important to address that and extend that benefit," she said. Military families using Tricare don't have the same ability.
"It's an oversight that we want to correct. Luria said the legislation is important because it would put Tricare in line with the Affordable Care Act, which allows young adult dependents to stay on their parents' health insurance until age 26 without premium increases.
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