This bill establishes a Tricare premium reimbursement program aimed at supporting members of the Michigan National Guard. The program will be managed by the Department of Military and Veterans Affairs and will provide grants to eligible recipients who meet specific criteria for reimbursement of premiums paid for individual coverage under the Tricare reserve select program and the Tricare dental program. Eligible recipients are defined as those who are not on active duty and do not have coverage through other health insurance plans.

To facilitate the reimbursement process, the bill mandates that the department create an application form, which will be made available on its website, along with instructions for completion and submission. Additionally, the department is tasked with promulgating rules to implement the act in accordance with the administrative procedures act of 1969. This structured approach aims to ensure that eligible members of the National Guard can access financial support for their healthcare premiums effectively.