Health & Safety

October 17, 2013

Most TRICARE beneficiaries meet ACA coverage requirements

The Affordable Care Act, also known as the health care law, was created to expand access to affordable health care coverage, lower costs, and improve quality and care coordination for all Americans. Under the health care law, people will have health coverage that meets a minimum standard (called “minimum essential coverage”) by January 1, 2014, qualify for an exemption, or may be required to pay a fee if they have affordable options, but remain uninsured. Because of this, many TRICARE beneficiaries may be wondering how this new law will affect them and their families.

Simply speaking, the Affordable Care Act will have very little impact on TRICARE beneficiaries. The biggest change they will notice may be an extra letter in their mailbox every January, and an extra box to check on their tax forms every April.

Beneficiaries who receive TRICARE benefits, whether at no cost, by electing to pay an enrollment fee, or by paying monthly premiums, have minimum essential coverage under the Affordable Care Act. This includes: TRICARE Prime, Prime Remote and Standard; TRICARE Reserve Select (TRS); TRICARE Young Adult (TYA); TRICARE Retired Reserve (TRR); and the Continued Health Care Benefit Program (CHCBP).

Eligibility alone for premium-based TRICARE benefit plans TRS, TYA, TRR and CHCBP — does not constitute minimum essential coverage. Eligible beneficiaries must purchase and be in good standing, by paying their premiums to have coverage in force, in order for these TRICARE programs to qualify as minimum essential coverage. There are two groups of TRICARE beneficiaries who do not meet the minimum essential coverage requirement: those getting care for line of duty only related conditions, and those only eligible to receive care in military hospitals or clinics.

Beginning with the 2014 tax season, and every tax year after that, the Department of Defense will send every TRICARE beneficiary the same information it sends the Internal Revenue Service. This notification will detail whether sponsors and their dependents had minimum essential coverage during the previous year. Sponsors can then use this information when they file their tax forms.

Because the information sent to the IRS is generated using beneficiariesí Social Security numbers, itís essential for sponsors to make sure their familyís Defense Enrollment Eligibility Reporting System (DEERS) information is correct and up to date.




All of this week's top headlines to your email every Friday.


 
 

 

Free Tax Services available on Davis-Monthan AFB

The Volunteer Income Tax Assistance tax center opened its doors today for Active Duty, National Guard, Reserve and Public Health personnel. There are 35 volunteers at the VITA office to include 27 tax preparers with the ability to conduct 10 appointments at a time. “The volunteers here are IRS certified tax preparers,” according to Skip...
 
 

Just American: A century of Black life

COLUMBUS AIR FORCE BASE, Miss. (AFNS) — Black History Month, or National African American History Month, is an annual celebration of achievements by black Americans and a time for recognizing the central role of African Americans in U.S. history. The event grew out of “Negro History Week,” the brainchild of noted Harvard-trained historian Carter Woodson....
 
 

Local Briefs February 27, 2015

Scholarship applications available Davis-Monthan Officer’s Spouses’ Club and the Enlisted Spouses Association are accepting scholarship applications from  Military Dependents who are: -Spouses pursuing an Undergraduate or graduate degree -Graduating High School Seniors Application packets are available at: Davis-Monthan Thrift Shop, Airman and Family Readiness Center, School Liaison Office...
 

 
(U.S. Air Force photo by Airman 1st Class Chris Drzazgowski)

D-M puts its agencies to the test

An aircraft crash training exercise was held at the Combat Arms Training and Maintenance range here Feb. 19. The simulated crash site was scattered throughout a two mile radius. “The idea was to test the base’s capabilities...
 
 

Defeating “Monster Mouth”

(U.S. Air Force photo by Airman 1st Class Chris Drzazgowski) Airman Jessika Silva-Gomez, 355th Dental Squadron dental assistant, helps a child sort out foods that are beneficial to dental hygiene during a presentation at the Finley Child Development Center at Davis-Monthan Air Force Base, Feb. 24. Personnel from the 355th DS provided examples of proper...
 
 

Why Air Force Smart Operations – or AFSO?

JOINT BASE SAN ANTONIO – RANDOLPH, TEXAS — Confucius once said that in order for a man to move a mountain he must first begin by carrying away its small stones. Now, if one is to imagine the Air Force as that giant mountain, how does an Airman begin trying to move it? That is,...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


Directory powered by Business Directory Plugin