HEALTHCARE COST SET TO SOAR!
In a warning with big implications for future budget debates, the Congressional Budget Office estimates the cost of veterans’ health care will rise between 45 percent and 70 percent over the next decade, a massive jump that will only partly result from treating Iraq and Afghanistan combat veterans.
Veterans Affairs Department health care costs are now running about $48 billion a year, according to a new report from the nonpartisan congressional agency. About $2 billion of that total is associated with treating Iraq and Afghanistan veterans.
What’s this mean to you? In today’s anemic economy and burgeoning national debt, there’s a growing likelihood we’ll soon hear the call from the Department of Defense, and with support from the current Presidential Administration, for significant TRICARE enrollment fee increases. It’s no longer a matter of if – but when…Airmen will be asked to shoulder the increased cost. We’re hearing rumblings and chatter from the Hill and elsewhere that next year may be the year where Airmen will see significant proposed increases in TRICARE fees and co-pays.