TRICARE TRS or TRR Important Changes Introduced

With the new year quickly approaching, TRICARE beneficiaries covered by TRICARE Reserve Select (TRS) or TRICARE Retired Reserve (TRR) must have switched to electronic premium payments by Dec. 31. If they didn't make the change, they risk having their coverage suspended, according to Tricare.mil.

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.