10/2/2012 - FALLS CHURCH, Va. (AFNS) -- To avoid losing coverage, beneficiaries enrolled in TRICARE Reserve Select (TRS) or TRICARE Retired Reserve (TRR) who pay monthly premiums by check need to switch to an electronic form of payment before Jan. 1, 2013.
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.
The Defense Manpower Data Center is notifying current TRR and TRS beneficiaries directly by email, and new beneficiaries will be informed in their welcome package information when enrolling.
Electronic payments streamline account management and ensure continuous coverage for beneficiaries. Failure to pay premiums by the due date results in termination of coverage.
Beneficiaries can contact their regional contractor to set up automatic payments and get more information. Contact information for each region is available online at www.TRICARE.mil/contacts.
TRS and TRR are premium-based health plans. TRS is available for eligible members of the selected Reserve of the ready Reserve and their families; and TRR can be purchased by retired Reserve members, their families and eligible survivors of deceased retired Reserve sponsors. For more information about TRS or TRR, go to www.tricare.mil.
Comments
10/3/2012 11:12:11 AM ET Why doesnt the TRICARE guru and the military pay guru work together and allow the option of automatic deduction once a month from the participants military pay just like the dental plan? Instead they just kicked the can down the road a bit rather than making a decision that will benefit military members. No Air Guard or AF Reservist coverage should end because they forgot to make an auto payment from their bank. That is an inexcusable and Draconian reaction to a common human failure. A simple and obvious solution continues to be overly complicated
Doug, Minneapolis
10/3/2012 10:38:38 AM ET U use to be able to pay quarterly but not nowU have Dental Dental comes straight out your retirement check what not Tricare
