The bill establishes a Tricare premium reimbursement program aimed at supporting members of the Michigan National Guard. It defines key terms such as "Department," which refers to the Department of Military and Veterans Affairs, and "Eligible recipient," which includes members of the National Guard who qualify for the Tricare reserve select program or the Tricare dental program. The program will provide grants to eligible recipients for premiums paid for individual coverage under either the Tricare reserve select program or the Tricare dental program.

Additionally, the bill mandates that the Department create and operate this reimbursement program, requiring eligible recipients to submit an application using a form provided by the Department. The Department is also tasked with making this application form and submission instructions available on its website. Furthermore, the bill stipulates that the Department must promulgate rules to implement the act in accordance with the administrative procedures act of 1969.