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June Message from the Assistant Secretary of Defense for Health

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MHS Team:

As the Department and the Nation begin to transition to reopening in
alignment with White House guidelines, the Military Health System continues
to focus on our mission to prepare, protect, and care for our service
members and beneficiaries. I am increasingly impressed with your endeavors
serving on the front lines, despite the unprecedented challenges our Nation
is currently facing. While many of you have had to manage changes to your
daily lives due to COVID-19, you continued to rise above those hurdles to
ensure our military, their families, and our retirees continue to get the
best quality healthcare we can provide.

Some updates on current MHS issues:

Vaccine and Therapeutics Acceleration Plan. Health Affairs is partnering
with the Joint Program Executive Office for Chemical, Biological,
Radiological and Nuclear Defense (JPEO-CBRND) in implementing a strategy to
accelerate development of COVID-19 vaccines and antibody therapeutics. This
joint effort, funded by the CARES Act, capitalizes on our enormous capacity
to develop, manufacture, and distribute medical countermeasures to the
force. Antibody therapeutics could play a vital role in supporting our
operational missions with prophylaxis measures and post-exposure treatment
options.

COVID-19 Convalescent Plasma. The Department has launched an effort to
obtain 10,000 units of COVID-19 Convalescent Plasma (CCP) in support of
force readiness. It is critical to collect as much plasma as possible, both
for potential treatment purposes now as well as for use in research efforts
and potential use as a future therapeutic. To qualify to be a donor, DoD
personnel and their families, as well as non-DoD civilians with access to
collection facilities on installations, must have fully recovered from
COVID-19 to support this effort. To date, we have already obtained 4,367
units through a combination of procurement and individual donations at Armed
Services Blood Program donor centers across the continental United States,
Hawaii, Guam, and Germany. More on this campaign can be found here:
https://www.militaryblood.dod.mil/Donors/COVID-19andBloodDonation.aspx.

A special call out to Navy Medicine who, in support of the DoD CCP campaign,
sent a team to Guam and rapidly collected CCP from volunteers aboard the USS
Theodore Roosevelt. Over the course of three days, the blood donor center at
U.S. Naval Hospital Guam collected more than 200 life-saving plasma units.
This was the first of many donations as crew from the USS Kidd also
contributed plasma.

Navy Medicine is also directly involved in COVID-19 research efforts. For
the past two months, the USS Theodore Roosevelt was the focus of a public
health outbreak investigation conducted by the Navy and Marine Corps Public
Health Center in partnership with the CDC. Volunteer crew members completed
a short survey and provided two specimens for laboratory testing (voluntary
blood and nasal swab samples). This was the first CDC-published report on
this specific demographic of young adults. One of the key findings was that
loss of taste or smell was the main symptom most associated with COVID-19
infection. This joint effort furthers our understanding of this disease and
will inform future testing and mitigation strategies to ensure the readiness
of our Nation’s military force.

Force Health Protection Guidance Supplement 11. On June 11, 2020, the
Department issued new Force Health Protection guidance outlining the
military’s surveillance strategy for the COVID-19 pandemic response,
including health surveillance activities, screening, asymptomatic testing,
and sentinel surveillance testing. The Department’s surveillance and
screening strategy is designed to break the chain of disease transmission to
reduce risk to the force and to DoD missions. The full guidance can be found
here:

https://media.defense.gov/2020/Jun/12/2002315485/-1/-1/1/DOD-Guidance-for-CO
VID-19-Surveillance-and-Screening-with-Testing.pdf.

COVID-19 Registry. The DHA has established a COVID-19 Registry to provide a
centralized data collection platform of COVID-19 patients. This registry,
which already includes data from 6,510 patients, will support COVID-19
clinical performance improvement and track the epidemiology of the disease.
The data will help research and medical teams, both in the DoD and the
civilian sector, provide more accurate insight into future advancements in
vaccines and treatments. The registry also will track the outcomes of
patients who receive COVID-19 Convalescent Plasma compared to those who do
not – all of which will greatly enhance efforts toward therapeutic treatment
development. The expediency of the design, implementation, and execution of
this monumental task would not have been possible without the dedication and
hard work of Col Stacy Shackelford, Chief, DHA Joint Trauma Center (JTS),
and Mr. Phil Sartin, Data Acquisition Branch Chief for JTS.

As communities begin to slowly open back up, please stay vigilant. The COVID
fight is not over. Many of you are working tirelessly in MTFs, labs, or in
supporting roles to help achieve our health system’s goals and meet the
evolving needs of the Department. Your efforts are critical to ensuring we
accomplish our mission. Please practice self-care, take time for your
families, and check in on each other. As a medical enterprise, we must
remain strong and healthy to ensure we keep our military in the fight.

Thank you for your service and selfless commitment to our troops, their
families, and to our Nation during these challenging times.

Tom

Financial Blogs I Recommend

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For those looking to get financial education online, here are the blogs and other online resources I’d recommend:

A Wealth of Common Sense – This is a blog written by one of the Animal Spirits podcasters I recommended you listen to. He provides excellent contemporary analysis of the financial markets.

Humble Dollar – Jonathan Clements was a personal finance writer at The Wall Street Journal for 20 years and is a well-respected source for financial advice. He has a number of books and a blog called Humble Dollar that includes a free comprehensive money guide that is a continuously updated guide to all aspects of personal finance.

Mr. Money Mustache – There is an entire early retirement culture on line, of which many physicians are unaware. If you have an interest in early retirement, you’ll love this website and the story of Pete (Mr. Money Mustache), a software engineer who retired in his thirties. It is filled with investing information, as well as practical advice on how to save money in everyday life. The site has an anti-consumerism, pro-Earth bent and Mr. Money Mustache is a strong proponent of using a bicycle instead of driving a car, even in the dead of winter. He will show you that retiring early and controlling your spending doesn’t have to lead to unhappiness. In fact, he’ll probably convince you that the less you own the happier you’ll be.

Oblivious Investor  – This is a tax-focused investing blog by an accountant who also writes a series of very short, informative books on all finance topics.

Vanguard Blog – Regular readers know I’m a huge fan of Vanguard and do all of my non-military retirement investing there. You should too! Many know that Vanguard was founded by John Bogle, and those who follow his investing principles are self-named “Bogleheads.” They have a Bogleheads Wiki that you can read in addition to the Vanguard blog.

White Coat Investor Empire – Fellow Emergency Physician James Dahle, MD has created a digital and print media empire. You can’t go wrong if you make this your solitary source of financial information. There is a blog, internet forum, Facebook group, sub-Reddit, podcast, and book, so no matter how you prefer to ingest information you can find what you are looking for on this site. In addition, he has partnered with three other physician financial blogs, Physician on FIRE (which stands for Financial Independence, Retire Early), Passive Income M.D., and The Physician Philosopher. All three of these are excellent sources as well.

Message from the SG – Brilliant on the Basics

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Esteemed Navy Medicine Shipmates,

Michael Jordan once said, “Get the fundamentals down and the level of everything you do will rise.” The fundamentals are the basics. They are not always the most exciting thing to learn or do, but they are usually the most important. People, teams, and organizations who achieve greatness, do so by mastering the fundamentals – and then sticking to them. You have probably heard me say – we all need to be brilliant on the basics.

There is currently no vaccine to prevent us from contracting this disease; however, when it comes to our collective battle against COVID-19, we need to continue to practice and encourage others to follow the fundamentals of force health protection to prevent illness and avoid exposure to this virus. Continue to cover your mouth and nose with a cloth face cover when around others, wash your hands often and avoid touching your face, clean and disinfect frequently touched surfaces, monitor your health for symptoms, and enforce restriction of moment.

As medical professionals, we must continue to educate and advise our Sailors, Marines, and family members to stay the course. To help turn fundamentals into habits requires repetitive action. I’m reminded of a basic teaching formula: you hear, you forget; you see, you remember; you do, you understand. And when you truly understand, that is when the basics become part of our DNA. Think muscle memory!

This week marked the 122nd anniversary of the Hospital Corps. As we continue to adapt and confront the challenges posed by this pandemic, the men and women of our Hospital Corps remain a powerful presence on all fronts in the fight against COVID-19. Whether serving as IDCs on surface ships, subs, or diving units; as preventive medicine and laboratory technicians, as general duty Corpsmen at MTFs, or the 8404s embedded with Marine units, our ability to project Medical Power continues to rest on the shoulders of these brave and dedicated Corpsmen.

The recent exploits of Corpsmen during the pandemic have only added luster to the distinguished history of the Corps:

  • The quick thinking of the USS KIDD’s IDC and his two fellow “docs” in medevac’ing a suspected case of COVID and implementing newly developed mitigation procedures helped reduce the impact of the disease aboard the warship.
  • Five HMs attached to the Naval Hospital Jacksonville’s Rapid Response Team helped ensure the success of an unprecedented mission, conducting testing of the USS KIDD’s crew while helping to provide vital medical support 24/7 in a COVID exposure environment.
  • Corpsmen serving with forward deployed preventive medicine teams have remained an early, active, and ever-present force in novel coronavirus surveillance efforts at sea.

And whether contact tracing, onsite testing, administering to patients, or helping to enforce DoD and CDC COVID-19 guidance, our Corpsmen remain at the vanguard of ensuring warfighter readiness across the Department of the Navy.

This month also offers a palpable reminder that Summer is in full-swing and many may be eager to travel or enjoy recreational activities since restrictions have loosened up across the country. Before executing any plans, please take a moment to review NAVADMIN 168/20 regarding our current leave, liberty, and TDY restrictions; as well as the Naval Safety Center, 101 Critical Days of Summer found here.

Please continue to use good judgement, follow existing guidelines, remain vigilant, and most importantly stay safe.

It is important that we all take time to step away from our jobs to decompress, and all of us are eagerly anticipating returning to a sense of normalcy. However, as we try to rediscover what has been lost, let us not forget everything that we have learned along the way. If I had one wish, it would be that you could see the organization from my perspective, as the brilliance you have all demonstrated on the basics have been the building blocks of all that Navy Medicine has accomplished. I am truly humbled to be part of this amazing team.

With my continued respect and admiration,

SG

Bruce L. Gillingham, MD, CPE, FAOA

RADM, MC, USN

Surgeon General, U.S. Navy

Chief, Bureau of Medicine and Surgery

2021 BRS Continuation Pay, TSP Info on New 5-Year L Funds, and Finance Friday Articles

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Here is an article about FY21 Continuation Pay for those in the Blended Retirement System (and here’s a guest post about applying for it):

Blended Retirement System CY 2021 Continuation Pay Announced

 

Here is the TSP PDF about the new Lifecycle Funds in 5-year increments that start 1 JUL 2020:

Additional Lifecycle (L) Funds

 

Here are my favorites this week:

6 steps to selecting a target-date fund

Automate Automate Automate

Farewell Yield

When Should You Sell Your Stocks?

 

Here are the rest of this week’s articles:

3 Reasons Why You Can Take More Risk with a 529

As Old as the Hills

“Buy low, sell high.”

Choose FI over FIRE

Coming Up Short When Trying to Buy a House

How State and Local Taxes Affect Your Retirement Plan

How Will Private Equity Work in 401ks?

Is This The Most Volatile Year Ever?

Not All Income Is Created Equal

Questions I’m Asked About Term Life Insurance

Sitting on One Million Dollars in Cash

Some Things About the Markets That Will Never Change

The New Stretch IRA

Think Like a Winner

Triple Blunder

White Coat Investor’s First Individual Stock

Why the Market is So Confused Right Now