Monday, March 5, 2012

Military retirees to pay higher health premiums

WASHINGTON (AP) — Military retirees will pay slightly more for their health care starting Saturday, and more cost increases are on the way.

Premiums haven't been raised since 1994 and still will be just a fraction of what civilians pay. Under a change announced by the Defense Department on Thursday, individuals who enroll in the retiree program as of Saturday will pay $260 annually, up from $230, and it will be $520 annually for a family, up from $460.

Retirees already in the program will not see any increase until next year because they have already paid for this year. But "modest annual increases" are planned in the future, Cynthia Smith, a Pentagon spokeswoman, …

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