TRICARE plans meet MEC requirements for tax filing
So what does this mean for TRICARE beneficiaries? Those who had a qualifying TRICARE plan throughout 2014 satisfy the MEC requirements, so do not have to pay a penalty. Qualifying plans include TRICARE for Life, Prime, and Standard.
Employers and healthcare plans are not required to report individual coverage to the IRS until 2015. TRICARE beneficiaries must report their MEC when filing their taxes. The most-common IRS forms -- including the 1040, 1040A, and 1040EZ -- now include a "Health Care: individual responsibility" field where filers can indicate if they carried coverage for the entire year. The field is line 61 on the 1040, line 38 on the 1040A, and line 11 on the 1040EZ.