>> Wednesday, November 11, 2009
I have found it quite difficult understanding the benefits for TriCare Reserve Select. So here is what I found out:
1) If you are in the reserves, you should qualify for this plan.
2) You have a 1,000 max deductible per family. What this means is that after you have paid 1,000 per year, you do not have to pay the 15% deductible or any co-payment for prescriptions.
3) You have a 15% deductible for outpatient cost, or a $15.65 per day ($25 minimum charge) for inpatient cost using a network provider. After your annual deductible is met, you do not have to pay the 15% deductible anymore.
4) You have a $300 deductible for a family a year. The $300 will also apply to your $1,000 max deductible for family.
5) You only have to pay $3.00 for generic or $9.00 for non-generic drugs and this amount gets applied to your $300 deductible. You do not have to pay 15% for prescriptions.
The good news is that this plan is currently $180, but will be going to $197 in January. My current companies ETNA plan is over $1400 for a family and has a $3000 max cap for family. I think that is even per person which is huge compared to the $1,000 max cap for this plan.