GEA - 2024 TRICARE Rates Have Increased: Here’s How to Save

As the cost of everything continues to rise, health insurance is no exception. You may have noticed that TRICARE has increased its rates for 2024. TRICARE rates could change every year based on a few factors, such as cost of living adjustments, the law, healthcare services costs, and prescription medication costs.

In 2024, these increased costs include enrollment fees, premiums, cost-shares, co-pays, and annual deductibles (for some). So, generally, if you paid out-of-pocket for TRICARE in 2023, then you’ll pay extra in 2024. 

Other 2024 Rates to Consider for TRICARE Members

Rates below are for TRICARE Prime and TRICARE Select Group A participants.

TRICARE Prime

• Annual premium (individual): $363 (up from $351.96 in 2023)
• Annual premium (family): $726 (up from $703.92)
• Primary care copayment: $25 (up from $24)
• Specialty care copayment: $37 (up from $36)

TRICARE Select

• Annual premium (individual): $177.96 (up from $171.96 in 2023)
• Annual premium (family): $355.92 (up from $345)
• In-network primary care copayment: $36 (up from $34)
• In-network specialty care copayment: $50 (up from $49)
• Catastrophic cap: $4,157 (up from $4,028)

Our Supplemental Plan is Here to Help

There’s no need to worry about rising TRICARE rates or increased out-of-pocket costs with a supplement plan. GEA’s TRICARE Supplemental Insurance Plan can help take care of those out-of-pocket healthcare costs as if the rate increase never happened. Our plan wraps around your current TRICARE plan, helping cover costs like co-pays, prescription medications, and more. There’s no need to be stressed about TRICARE’s rising costs with GEA’s TRICARE Supplemental Insurance Plan.