Learn About Cost and Rates of TRICARE Supplemental Insurance
|
Age of Retiree, Spouse, Widow(er) |
Quarterly Rate with First Year Discount | Base Rate |
|
Under 40 |
$78.96 | $84 |
|
40 - 44 |
$84.60 | $90 |
|
45 - 49 |
$94.94 | $101 |
|
50 - 54 |
$119.38 | $127 |
|
55 - 59 |
$150.40 | $160 |
|
60 - 64 |
$166.38 | $177 |
|
Each Child |
$62.98 | $67 |
If you're looking to enroll in TRICARE Supplement, the cost can vary depending on your age and the number of children you have. If you're under 40 years old, you can pay as little as $26.32 per month. If you're between the ages of 60 and 64 and opt for a low deductible, your monthly cost may be as low as $56. Adding children to your plan is also affordable, with costs as low as $22.00 per child. For a family of two adults and two children between the ages of 45-49, the monthly premium would be as low as $106.
It's important to note that the rates illustrated are per person and include a first-year discount of 6%. As you move from one 5-year age bracket to another (40, 45, 50, 55, 60), your premiums will increase. The company reserves the right to change premiums on a group-wide basis to maintain the financial solvency of the plan. First year discounted rates are not available to insureds in OH or KY. Members receive a 6% rate discount during their first twelve months of coverage. There are no other discounts. After the 12th month, the rates go up 6%.
It's also important to note that this coverage is only available to GEA members and their dependents. If you're not already a member of GEA, it's easy to become one. You can find a membership application included with the CHAMPVA SUPPLEMENT. By becoming a member of GEA, you'll have access to TRICARE Supplement coverage and other benefits to support your health and well-being.
If you or your spouse is considering adding a TRICARE Supplemental Insurance Plan, contact us and get started.
