TRICARE is a great healthcare option for military families and retirees, but let’s be honest—out-of-pocket costs can sneak up on you. While the coverage is solid, unexpected expenses can add up fast, leaving you paying more than you expected. Here are five hidden costs of TRICARE and how a TRICARE Supplement Insurance plan can help keep more money in your pocket.
With TRICARE, you’re responsible for copays and cost-sharing for doctor visits, specialist care, and prescriptions. These fees might seem small at first, but if you have ongoing medical needs or multiple family members using care, they add up quickly.
How a TRICARE Supplement Insurance Plan Helps: While a TRICARE Supplement Insurance plan comes with a premium and deductible, it provides a predictable cost, so you know exactly what your maximum medical expenses will be each year. By covering many out-of-pocket costs, it helps reduce unexpected medical bills, giving you greater financial peace of mind.
Needing a specialist or a hospital stay? Those expenses can hit hard, depending on your TRICARE plan. Deductibles and percentage-based cost-shares make it tough to predict exactly how much you’ll owe.
How a TRICARE Supplement Insurance Plan Helps: A TRICARE Supplement Insurance plan can step in to help cover these larger medical costs, giving you peace of mind when you need care the most.
Sure, TRICARE covers prescriptions, but how much you pay depends on where you get them. Meds from military treatment facilities (MTFs) are free, but retail pharmacies and mail-order services come with copays that can take a bite out of your budget.
How a TRICARE Supplement Insurance Plan Helps: A supplement can reimburse some of these prescription copays, helping to ease the financial burden of ongoing medications.
If you need medical care while traveling or end up seeing a provider outside the TRICARE network, you might be in for a shock when the bill arrives. Not all services are fully covered, and out-of-pocket costs can be steep.
How a TRICARE Supplement Insurance Plan Helps: Cover the difference in costs for out-of-network care so you’re protected no matter where you are with a supplement.
TRICARE has an annual catastrophic cap (the max you’ll pay out-of-pocket per year), but you still have to hit that limit before relief kicks in. That means paying deductibles and other expenses throughout the year.
How a TRICARE Supplement Insurance Plan Helps: A supplement plan helps cover these deductibles and out-of-pocket costs, so you’re not scrambling to cover unexpected medical bills.
Why a TRICARE Supplement Insurance plan is a Smart Move
TRICARE is great, but it’s not free. If you’re tired of surprise medical bills and rising out-of-pocket costs, a TRICARE Supplement Insurance plan can help fill in the gaps.
Want to learn more? Click here today to see how a TRICARE Supplement Insurance plan can help protect your budget and give you peace of mind.