Reservists Must Switch to Electronic TRICARE Payments
TRICARE management Activity
(TMA) is notifying TRICARE beneficiaries covered by TRICARE Reserve
Select (TRS) or TRICARE Retired Reserve (TRR) that they must switch to
electronic premium payments by Dec. 31, 2012. If they don’t make
the change, they risk having their coverage suspended. Beginning Jan. 1,
2013, TRICARE will only accept monthly premium payments using recurring
automatic payments by credit or debit card, or by recurring electronic
funds transfer (EFT) from a linked bank account. To avoid confusion,
beneficiaries should verify that their bank sends EFT payments
electronically. Beneficiaries can contact their regional or overseas
contractor to set up automatic payments and get more information.
Contact information is available online at www.TRICARE.mil/contacts
Electronic payments make it easy for members to pay their premiums on time, ensuring continuous coverage for beneficiaries. When beneficiaries don’t pay their premiums it results in suspension of coverage.
TRS and TRR are premium-based health plans. TRS is available for purchase by qualified members of the Selected Reserve of the Ready Reserve and their families; and TRR can be purchased by qualified retired Reserve members, their families and qualified survivors of Reservists. For more information about TRS or TRR go to www.tricare.mil