If you're checking out your January Leave and Earnings Statement, and trying to figure out what's what, notice that your dental insurance premiums have gone up. It's still great coverage at a very affordable cost, but it is more expensive. While technically the premiums aren't going up until 1 February 2015, Tricare Dental premiums are paid in advance, so the amount is coming out of the January pay calculations.
Active Duty
Single: new rate $11.30 per month, up $.34 from the old rate of $10.96
Family: new rate $33.88 per month, up $.99 from the old rate of $32.89
Selected Reserve and IRR (Mobilization Only)
Sponsor only: new rate $11.30 per month, up $.34 from the old rate of $10.96
Single: new rate $28.24 per month, up $.84 from the old rate of $27.40
Family: new rate $84.71 per month, up $2.48 from the old rate of $82.23
Sponsor and family: new rate $96.01 per month, up $2.82 from the old rate of $93.19
IRR (Non-Mobilization)
Sponsor only: new rate $28.24 per month, up $.84 from the old rate of $27.40
Single: new rate $28.24 per month, up $.84 from the old rate of $27.40
Family: new rate $84.71 per month, up $2.48 from the old rate of $82.23
Sponsor and family: new rate $112.95 per month, up $3.32 from the old rate of $109.63
Service members who are paying for their dental insurance through payroll deduction from their paycheck do not need to take any action to make this change happen. Those who are unable to set up a payroll deduction and are paying through an Electronic Funds Transfer need to check with their bank or credit union to ensure that the right amount is being deducted.
More information can be found at the Tricare website's dental premiums page: http://www.tricare.mil/Costs/DentalCosts/TDP/Premiums.aspx
