Veterans

October 14, 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 ìminimum essential coverageî) 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 ñ 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.


 
 

 
Courtesy photograph

Veterans remember Gulf War 25 years later

Courtesy photograph Command Sgt. Maj. Robert G. Nichols, now retired, deployed to the Middle East with 1st Brigade in 1990. Nichols played a major role in the largest air assault in history that secured Forward Operating Base C...
 
 

Soldier missing from Vietnam War accounted for

The Department of Defense POW/MIA Accounting Agency announced Aug. 21 that the remains of a serviceman, missing from the Vietnam War, have been identified and will be buried with full military honors. Army Maj. Dale W. Richardson of Mount Sterling, Ill., will be buried Aug. 29, in Mountain View, Ark. Richardson was assigned to 2nd...
 
 
cmsaf-funeral9

Ninth CMSAF laid to rest

Air Force photograph by SrA. Preston Webb Members of the Old Guard escort the ninth Chief Master Sgt. of the Air Force James C. Binnicker to rest in Arlington National Cemetery, Va., Aug. 14, 2015. Binnicker passed away March 2...
 

 

VA announces new rules regarding service animals in VA facilities

Aug. 17, the Department of Veterans Affairs announced that it has revised its regulation regarding the presence of animals on VA property. The updated regulation will ensure VA practices remain consistent with applicable federal law. It will also assist individuals entering VA facilities in developing a clear and consistent understanding of the criteria governing facility...
 
 

World War II airman’s remains identified

The remains of a serviceman, missing since World War II, have been identified and are being returned to his family for burial with full military honors, said the Defense POW/MIA Accounting Agency in a DOD news release issued Aug. 6. U.S. Army Air Forces 2nd Lt. Stephen V. Biezis of Chicago, will be buried Aug....
 
 

Remains of Pearl Harbor victims raised for identification

The military July 27 exhumed more caskets containing the unidentified remains of USS Oklahoma crew members killed in the 1941 bombing of Pearl Harbor. The Defense POW/MIA Accounting Agency disinterred five coffins from four grave sites at the National Memorial Cemetery of the Pacific in Honolulu, where they have rested for decades. The work 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=""> <s> <strike> <strong>