The bill proposes the establishment of a Tricare premium reimbursement program aimed at supporting members of the Michigan National Guard. It defines key terms such as "Department," "Eligible recipient," "Program," "Tricare dental program," and "Tricare reserve select program." The program will allow the Department of Military and Veterans Affairs to award grants to eligible recipients for premiums paid for individual coverage under either the Tricare reserve select program or the Tricare dental program. Eligible recipients must meet specific criteria and submit an application to the department, which will provide the necessary forms and instructions on its website.

Additionally, the bill mandates that the department promulgate rules to implement the act in accordance with the administrative procedures act of 1969. This ensures that the program is established and operated within the framework of existing administrative regulations. The bill aims to enhance the support provided to eligible members of the National Guard by alleviating some of their healthcare costs through this reimbursement initiative.