Out-of-pocket healthcare expenses can add up quickly, even after TRICARE pays. That’s why supplemental health insurance coverage makes sense for many military families. With supplemental coverage, you’re protected from the several thousands of dollars of medical expenses you might face each year in the event of illness or injury.
TRICARE Supplement Insurance plans can provide benefits to help pay your TRICARE cost share for inpatient and outpatient care including doctor visits, emergency room care and prescription medications. Plans can pay 100% of all covered expenses in excess of the TRICARE allowed amount, not to exceed the Legal Limit. Think of it as a financial safety net that helps you avoid the surprise of having to pay for unplanned medical bills.
Who needs TRICARE Supplemental Health Insurance?
Having a TRICARE Supplement can be a good choice for anyone who has out-of-pocket medical expenses, but it’s particularly beneficial for those with high out-of-pocket expenses or those who regularly use medical services. Also consider the cost increase starting in January 2021, the maximum out-of-pocket cost for some TRICARE Select enrollees will increase from $3,000 to $3,500.
How do you determine if you need a TRICARE Supplement? Start by figuring out your yearly out-of-pocket medical expenses. If those expenses exceed the premium of the supplemental plan that fits your needs – you and your family could benefit from the extra coverage.
Additional protection at a competitive price
Compare USBA’s TRICARE Supplement plans. We provide supplements for TRICARE Prime, Select, Active Duty Family Member, Reserve Select, Retired Reserve and Young Adult, as well as, CHAMPVA.
Find the health insurance supplement that fits your needs. Or call toll-free 877-221-6841 (Monday-Friday, 9:00 a.m.-4:00 p.m. Central time) to talk with a TRICARE/CHAMPVA Product Specialist.
USBA also offers a full range of budget friendly and comprehensive life insurance policy choices including term and whole life, children’s lifetime, and age 50+ plans, and benefit options from $5,000 to $750,000. Visit USBA.com to find out more.
USBA is a not-for-profit association that provides life insurance, health insurance supplements and other products and services for military personnel, Federal employees, National Guard and Reserve members, Veterans and their families.Read comments