2021 healthcare plans
#42
Gets Weekends Off
Joined APC: Sep 2014
Posts: 4,909
A friend's daughter recently used his transferred GI benefits toward five years (four undergrad, one grad) of college, out of state to the University of Michigan. He figures he got $350k out of that benefit alone... although he's surely still ticked off about rising Tricare premiums.
#43
Gets Weekends Off
Joined APC: Nov 2020
Posts: 1,747
I'm probably against broken promises as much as the next guy. But I'll also say that the benefits and perks I netted over a full military career far exceed those that were on the table when I signed up in the 90s. I'll definitely take what we evolved to over what I thought I'd get for 20 years of service.
A friend's daughter recently used his transferred GI benefits toward five years (four undergrad, one grad) of college, out of state to the University of Michigan. He figures he got $350k out of that benefit alone... although he's surely still ticked off about rising Tricare premiums.
A friend's daughter recently used his transferred GI benefits toward five years (four undergrad, one grad) of college, out of state to the University of Michigan. He figures he got $350k out of that benefit alone... although he's surely still ticked off about rising Tricare premiums.
BTW, starting Tricare Standard premiums is step one, just give it awhile and it will be the same as every other insurance premium.
#44
Gets Weekends Off
Joined APC: Sep 2014
Posts: 4,909
Not to diminish the Post 9-11 GI Bill, but it seems your buddy may have had a bit of bravado. It's worth 36months of tuition (which is 4yrs taking summers off, or three straight years)/E5 BAH at the highest instate rate only or $25K/yr. Some colleges will waive the out of state tuition under the "yellow ribbon provision" but that is their choice to attract veterans from out of state. Again, a very generous benefit meant to attract highly qualified youth into the military in an all-volunteer force. I guess if/when we start just forgiving $50K of student debt per person throughout the country for everyone, then it'll just be easier to go straight to school without serving first.
BTW, starting Tricare Standard premiums is step one, just give it awhile and it will be the same as every other insurance premium.
BTW, starting Tricare Standard premiums is step one, just give it awhile and it will be the same as every other insurance premium.
#46
Gets Weekends Off
Joined APC: Nov 2020
Posts: 1,747
I imagine back in '57 it would have been hard to spend $350K on a degree from a state university, even one that has trouble winning football games of late....
#47
Gets Weekends Off
Joined APC: Apr 2011
Position: retired 767(dl)
Posts: 5,725
I don't think anything cost $350K in '57. If I remember correctly, a semester course was about $150. An hour in a Cub in '64 was $11.50. Beer was $.45. In real life you didn't need the G.I. bill.
#48
Anyone have experience with Tricare Select (either retires or reservist) and an FSA through Delta? As I understand it, all medical expenses have to be reimbursed through the FSA.
If this is the case, is it a royal PITA? If it is not the case, will someone please learn me good [sic]?
If this is the case, is it a royal PITA? If it is not the case, will someone please learn me good [sic]?
#49
As a retiree with Tricare select I thought we can't have an FSA, am I totally out to lunch on that one? I've got a child with ongoing medical costs in the neighborhood of $10k a year which I'm stuck paying out of pocket, it sure would be nice to use pretax money for those bills.
Denny
#50
I'm probably against broken promises as much as the next guy. But I'll also say that the benefits and perks I netted over a full military career far exceed those that were on the table when I signed up in the 90s. I'll definitely take what we evolved to over what I thought I'd get for 20 years of service.
A friend's daughter recently used his transferred GI benefits toward five years (four undergrad, one grad) of college, out of state to the University of Michigan. He figures he got $350k out of that benefit alone... although he's surely still ticked off about rising Tricare premiums.
A friend's daughter recently used his transferred GI benefits toward five years (four undergrad, one grad) of college, out of state to the University of Michigan. He figures he got $350k out of that benefit alone... although he's surely still ticked off about rising Tricare premiums.
Even if I promoted NOW (like POTUS walked into my unit right now, and said BOOM, you are a O5, I'm still within 6 years of mando retirement for Commander)
I think "I have earned 36 months of benefits, I should be able to use them however and for whoever I want"
I have friends who are dual mil, no kids, unable to have kids. But they can't use it to put their niece they raised through college.
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