The bill aims to establish a Tricare premium reimbursement program for members of the Michigan National Guard who are eligible for coverage under the Tricare reserve select program or the Tricare dental program. The Department of Military and Veterans Affairs will be responsible for creating and operating this program, which will provide grants to eligible recipients to reimburse them for premiums paid for individual coverage under either of the specified Tricare programs. To qualify for reimbursement, eligible recipients must 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 structured approach ensures that the reimbursement program is effectively managed and accessible to those who qualify, thereby supporting the health insurance needs of Michigan's National Guard members.