Rates for Tricare premium plans on the rise again

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Rates for Tricare premium plans on the rise again
By Karen Jowers
Sep 1, 07:05 PM
Hospital Corpsman Second Class Sterling Wold gives a flu shot to a patient at Naval Hospital Camp Pendleton’s Family Medicine Immunizations Clinic in January 2016. Rates for Tricare premium plans are increasing in January. (HM2 Markian Carreon/Navy)

Military families who are enrolled in the Tricare premium plans for young adults, reservists and retired reservists, and separating service members will once again see hikes in their premiums, starting Jan. 1.

For 2024, the largest monthly cost increase will be 11.8% for those in Tricare Young Adult Prime, at $637, compared to the current $570 a month. These increases have been the trend for years, especially in 2021, when the rates for Tricare Young Adult Prime increased by 22%. The Tricare Young Adult Prime and Select plans are available for purchase by qualified former dependent children up to age 26.

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