"...An early projection based on national inflation data by The Senior Citizens League (TSCL), a nonpartisan senior advocacy nonprofit, estimates rates will rise by 9.6%.
That increase would be the highest veterans and seniors have seen since 1981, when it went up 11.2% in response to inflation at the time, according to a TSCL press release.
For 2023, that means military retirees would see an average increase of more than $240 in their monthly retirement checks...."
"...For 2022, Medicare premiums will increase an average of 14.5%. That means the average Medicare user will pay $170.10 monthly, a $21.60 increase from the 2021 monthly premium of $148.50...."
"...Military retirees and their families as well as active-duty and guard or reserve military dependents can now see options and prices for 2022 insurance coverage through the Federal Employees Dental and Vision Insurance Program (FEDVIP).
FEDVIP is the system through which military retirees purchased dental care. Active-duty families as well as guard and reservists and their families enrolled in Tricare Reserve Select can use it to purchase vision coverage.
While the FEDVIP 2022 plans and rates have been made public, open enrollment season, which allows you to pick a new plan or make changes to your existing coverage, won't begin until Nov. 8...."
The Major Richard Star Act would allow veterans who served less than 20 years before being medically retired due to combat-related injuries to receive both disability compensation and full retirement pay. Currently, only military retirees with at least 20 years of service and a disability rating of at least 50% can collect both benefits in their entirety. Advertisement..."
