Camp Insurance Research Paper

It specifically targets current and retired military officers and their dependents for a variety of insurance, asset management, and quality of life programs. Most insurance companies do not carry a full package of financial products.

Tricare Standard - An option that provides flexible coverage for eligible beneficiaries. It allows beneficiaries to choose an authorized Tricare provider they desire. However; this option isn't available for active military members. Eligible participants include: family members of active military, retired military and their family, survivors, authorized past spouses, and Medal of Honor donee and their family. There are no monthly premiums, or fees to enroll but this plan does have an annual deductible and a cost-sharing or copay. If you're a Rank E4 and below the cost is $50 per person, $100 per family. Rank E5 and above the cost is $150 per person, $300 per family.

On top of all that, a member receives military benefits such as life insurance, medical benefits, and access to the Post Exchange and Commissary.

As adults, we spend a lot of time away from our family and friends due to work or other priorities in our life. We learn to adapt and keep going through these times of being away and this can make us a greater person. Summer sleep-away camp is much like a longer version of a sleepover and can be a great head start for children who may not be away from their family and friends much. This leads me to feel that summer sleep-away camps have positive effects on children and should even be considered important to the development of a child.

Tricare Prime is a managed care plan similar to an HMO. This plan has Tricare Prime Remote, Tricare Prime Overseas and Tricare Global Remote Overseas. Tricare Extra is an alternative managed care plan for individuals who want to receive services primarily from civilian facilities and physicians rather than from military treatment facilities. Tricare for Life is a plan for beneficiaries who are both Medicare and Tricare eligible. Tricare Reserve Select is a premium based health plan available for purchase by certain members of the National Guard and Reserve activated on or after September 11,2001. Tricare Young Adult is a plan that can be purchased by qualified adult children after their regular Tricare coverage ends at age of twenty-one. Tricare is a secondary payer in almost all circumstances except Medicaid. The Civilian Health and Medical Program of the Department of Veteran Affairs (CHAMPVA) is the government’s health insurance program for the families of veterans with hundred percent service related disabilities. CHAMPVA provides coverage for most medically necessary services such as surgical procedures, anesthesia, chemotherapy, physical therapy, speech therapy, mental healthcare, prescription medications, maternity care, family planning, immunizations, durable medical equipment, hospice services and much more. CHAMPVA is usually the secondary payer except Medicaid and supplemental policy.

Desperate and in need of help family members may look towards the military as the possible solution to their situation. Tricare, the name of the military health care, is provided to every service member and their family in return for their four to five years of service. Tricare states that the company “provides services including dental insurance, mental health care, pharmaceutical needs, special needs coverage and vision care based on the variety of coverages a member receives” (Tricare 1). All of these health care services provided could help those in need. Providing health insurance is one of the military’s special tools for gaining volunteers. Instead of forcing people to join, offering services to others in need helps draw volunteers.

Tricare for Life is also like a HMO plan, but for those members over 65 (just like Medicare). In order to enroll in Tricare for Life, you must be enrolled in Medicare A and B first. There is no enrollment fee though. This is the plan that my granpa and granma are covered under. Luckily they live just past the perimeter fence of Fort Bragg, so getting to a military doctor is rarely an issue.

Farmers Insurance opened a tiny one-room office in Los Angeles, California in 1928. The company was formed by John C. Tyler and Thomas E. Leavey in order to serve local farmers and their vehicles. The two men “knew from experience that farmers and ranchers experienced fewer risks with their vehicles and were entitled to preferred rates” (Farmers Story, 2016). Tyler and Leavey used their own money to start their company and in order to obtain policy holders, they went from farm to farm.

After doing my research and trying to differentiate between all the TRICARE plans it seems as though it can be quite difficult on deciding which plan is best. There are just so many different options and plans that are for specific types of military personnel. Some plans should be chosen with consideration to location of the active duty member and their family. It would be best to stick with the Prime plan in most situations but other plans may need to be added as a supplement to ensure out of pocket costs are kept low for families. The positive aspect is that there are many choices and ways to keep everyone in the family covered and at a low cost. It would be helpful for military personnel and their family members to have a class

Tricare is a health care policy for those in the military, their families, and retirees. Tricare is managed by the defense department. Tricare covers the uniformed services, including the Army, Navy, Marines, Air Force, Coast Guard, Public Health Service, and National Oceanic and Atmospheric Administration. Tricare compromises families three choices of health care benefits which consist of Tricare prime this is a health maintenance organization, Tricare extra which is a managed care network or health care providers that families can use on a case-by-case basis without a required enrollment and Tricare standard which is a fee-for-service plan. Tricare also offers a plan for those Medicare eligible military retirees and Medicare eligible family members. This program offers the opportunity to receive health care at a military treatment facility for individuals aged 65 or older who are eligible for both Medicare and Tricare. Tricare billing consists of several elements which are; check in process information that is needed such as benefit verification, pre-authorizations, and forms used, coding from the medical such as what forms are needed for the process of coding, then a scenario with the actual ICD-9 and or CPT codes, the type of claim forms that were used and the claims verification process and finally, the claims payment process such as verification and accuracy of payment. Also the possibility of rejection and how to resolve issues that may become present.

The following are considered ineligible for the TRICARE program: parents and parents-in-law of service members or retirees and people who are eligible for health benefits under CHAMPVA (Civilian Health and Medical Program of the Department of the Department of Veterans Affairs) (PGBA, 2015)

The eligibility and the level of determination for TRICARE beneficiaries vary, and the program is categorized into two major groups that determine the beneficiary status. These two groups are designated for sponsors, and their family members. The sponsors include: United States army active duty members and retiree’s, as well as, U.S Navy, Marine Corps, Air Force, Commission Corps of the National Oceanic and Atmospheric Association, Commission Corps of the U.S. Public Health Service, Coast Guard, National Guards and Reserves. They are required to enroll in one of the TRICARE Prime health plans that will ultimately serve their health care needs. With regard to the Family members they must be “immediate relatives of the sponsors which include

TRICARE Standard - With this healthcare coverage that is provided with military service, this is the best option that provides people with the most flexibility. If qualified, one can see any doctor that they would like whom is a TRICARE provider. One down fall is that active duty members are not allowed to receive this insurance but this is available to anyone in the U.S. . For the standard plan, one does not have to pay as long as one is considered eligible and enlisted in the DEERS list.

Professional liability insurance is a type of malpractice liability insurance, Florida attorneys explain. It can be called different names, depending on profession. In the medical field, it is called malpractice insurance.

There are many ways to save money on your car insurance policy. Some of them are obvious like paying for the entire policy rather than making payments or increasing you deductible on your collision coverage. However, the following are three often overlooked ways to pay less.