Late Breaking News
MHS Faces Belt-Tightening in Obama Administration's FY 2013 Budget
The administration said these reforms will reduce DoD costs over five years by about $12.9 billion in discretionary funding and $4.7 billion in mandatory savings in the Medicare-Eligible Retiree Health Care Fund
“Those most affected will be retirees, with the greatest impact on working-age retirees under the age of 65 still likely to be employed in the civilian sector,” Panetta said. “Even with these changes, the costs borne by retirees will remain below levels in most comparable private sector plans, as they should be.”
Organizations representing beneficiaries were not happy with the proposed increases. The Military Officers Association of America (MOAA) wrote on its website that the new budget plan “would dramatically increase enrollment fees and deductibles for retired military families younger than age 65. Some will see nearly a fourfold increase over five years, from $520 per family to $2,048.”
“MOAA sees these large fee hikes as a significant breach of faith with those who have already completed arduous careers of 20-30 or more years in uniform,” MOAA President, Vice Adm. Norb Ryan Jr. (Ret.), wrote on the MOAA website.