US Department of Defense Announces TRICARE Managed Care Contracts Totaling $136 Billion

The US Department of Defense (DoD) has awarded $136 billion in TRICARE managed care support contracts. These T-5 contracts are scheduled to initiate in 2024 and will shift 6 states from the East region to the West Region. The transfer will move around 1.5 million patients, although it is not expected to have a major immediate impact on patients’ existing care plans.

According to the DoD, “The new contracts will continue to provide for the delivery of health care, customer service, claims processing and other administrative services to the estimated 9.6 million TRICARE beneficiaries.  The new contracts do not change the TRICARE benefit and offer all the same TRICARE options.”

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(Source: US Department of Defensive, December 22^nd, 2022)