Rate for retirees to rise

Friday - 9/30/2011, 11:30pm EDT

Military health care premiums for retirees will be raised slightly starting Saturday and that more cost increases are on the way. According to the Associated Press, premiums haven't been raised since 1994 and still will be just a fraction of what civilians pay. Officials said Thursday that individual retirees will pay $260 annually, up from $230; and it will be $520 annually for a family, up from $460. Yearly hikes are expected in the future.