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Military Retirees
FROM THE AARP BULLETIN NOVEMBER 2000
MILITARY RETIREES TO GET LOW-COST DRUG COVERAGE
Congress enacts a law allowing all eligible military retirees and their dependents to buy low-cost prescription drugs starting April 1, 2001.
Honorably discharged retirees who served at least 20 years in the military, regardless of where they now live, will have three options for buying drugs: $8 for each 90-day prescription by mail order; a 20 % copay from pharmacies within the military network; or a 25% copay plus a $150 deductible from non-network pharmacies.
There are no premiums, deductibles or caps for the first two options. Congress also approves "health coverage for life" for retirees and their families under the military's Tri-Care system. (Look for details in the AARP Bulletin's December issue).
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